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Sephy

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2021-07-28

Don’t touch China ev makers u will get burn. Regulations will destroy your portfolio lol. Tesla still The Best Bet

EV Stocks dipped in Tuesday morning trading<blockquote>电动汽车股周二早盘下跌</blockquote>

2021-07-06

Newbie analysts gg. Load up coinbase now u will be HUGELY rewarded by August earnings report at least a 20% profit, projected 20-40%.

5 Ultra-Popular Stocks to Avoid Like the Plague in July<blockquote>7月份要像瘟疫一样避开的5只超热门股票</blockquote>

2021-07-02

HUGE dip is near, current valuation way too overprice. Tesla can deliver x10 cars more than NIO per month. Big correction incoming.

NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% YOY<blockquote>蔚来2021年6月交付8083辆，同比增长116.1%</blockquote>

2021-07-23

I have warned everyone many times that this is coming. It will only get worse from here, China new laws is coming. Sell first before u get into deep shit.

抱歉，原内容已删除

2021-08-06

Good

抱歉，原内容已删除

2021-07-23

Many people don’t understand the challenge in the EV industry. They think that anyone can just come in and provide competition which is a joke. U will c many known companies go bust n dust but Tesla will surely be up there.

抱歉，原内容已删除

2021-07-10

Tesla for sure within the next few years cos EV market will explode.

抱歉，原内容已删除

2021-06-08

Apple have an EV team made up of about 5000 people, they have been working on Apple EV for some time. Now it seems the time is almost ripe, get innow before too late. Apple EV will rule the luxury EV market. Tesla will rule the mainstream EV.

抱歉，原内容已删除

2021-05-08

Big dump coming

Dogecoin price’s ‘make-or-break’ moment looms with Elon Musk set to host ‘Saturday Night Live’<blockquote>埃隆·马斯克将主持“周六夜现场”，狗狗币价格的“成败”时刻迫在眉睫</blockquote>

2021-07-12

Paraguay announcing Bitcoin adoption on 14th, it’s going be massive

抱歉，原内容已删除

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touch China ev makers u will get burn. Regulations will destroy your portfolio lol. Tesla still The Best Bet","listText":"Don’t touch China ev makers u will get burn. Regulations will destroy your portfolio lol. Tesla still The Best Bet","text":"Don’t touch China ev makers u will get burn. Regulations will destroy your portfolio lol. Tesla still The Best Bet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/803333758","repostId":"1142426532","repostType":2,"repost":{"id":"1142426532","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627393073,"share":"https://www.laohu8.com/m/news/1142426532?lang=zh_CN&edition=full","pubTime":"2021-07-27 21:37","market":"us","language":"en","title":"EV Stocks dipped in Tuesday morning trading<blockquote>电动汽车股周二早盘下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142426532","media":"Tiger Newspress","summary":"EV Stocks dipped in Tuesday morning trading.Xpeng Motors fell 3%,Nio and Li Auto fell 2%,Tesla fell ","content":"<p>EV Stocks dipped in Tuesday morning trading.Xpeng Motors&nbsp;fell&nbsp;3%,Nio&nbsp;and Li Auto&nbsp;fell&nbsp;2%,Tesla&nbsp;fell&nbsp;1%.</p><p><blockquote>电动汽车股周二早盘下跌。小鹏汽车下跌3%，蔚来和理想汽车下跌2%，特斯拉下跌1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a7f4e0f36f492799e5e63a0d3ecf9b75\" tg-width=\"380\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV Stocks dipped in Tuesday morning trading<blockquote>电动汽车股周二早盘下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV Stocks dipped in Tuesday morning trading<blockquote>电动汽车股周二早盘下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-07-27 21:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>EV Stocks dipped in Tuesday morning trading.Xpeng Motors&nbsp;fell&nbsp;3%,Nio&nbsp;and Li Auto&nbsp;fell&nbsp;2%,Tesla&nbsp;fell&nbsp;1%.</p><p><blockquote>电动汽车股周二早盘下跌。小鹏汽车下跌3%，蔚来和理想汽车下跌2%，特斯拉下跌1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a7f4e0f36f492799e5e63a0d3ecf9b75\" tg-width=\"380\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIU":"小牛电动","XPEV":"小鹏汽车","TSLA":"特斯拉","LCID":"Lucid Group Inc","LI":"理想汽车","NIO":"蔚来","FSR":"菲斯克"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142426532","content_text":"EV Stocks dipped in Tuesday morning trading.Xpeng Motors fell 3%,Nio and Li Auto fell 2%,Tesla fell 1%.","news_type":1,"symbols_score_info":{"TSP":0.9,"LCID":0.9,"FSR":0.9,"TSLA":0.9,"NIO":0.9,"RIDE":0.9,"XPEV":0.9,"LI":0.9,"FFIE":0.9,"NIU":0.9,"NKLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175553318,"gmtCreate":1627043459234,"gmtModify":1631884664914,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"I have warned everyone many times that this is coming. It will only get worse from here, China new laws is coming. Sell first&nbsp;before u get into deep shit.&nbsp;","listText":"I have warned everyone many times that this is coming. It will only get worse from here, China new laws is coming. Sell first&nbsp;before u get into deep shit.&nbsp;","text":"I have warned everyone many times that this is coming. It will only get worse from here, China new laws is coming. Sell first before u get into deep shit.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/175553318","repostId":"2153092983","repostType":2,"isVote":1,"tweetType":1,"viewCount":2023,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175664443,"gmtCreate":1627029357482,"gmtModify":1633768638368,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Many people don’t understand the challenge in&nbsp;the&nbsp;EV industry. They think&nbsp;that anyone can just come in and provide competition which is a joke. U will c many known companies go bust n dust but Tesla will surely be up there.&nbsp;","listText":"Many people don’t understand the challenge in&nbsp;the&nbsp;EV industry. They think&nbsp;that anyone can just come in and provide competition which is a joke. U will c many known companies go bust n dust but Tesla will surely be up there.&nbsp;","text":"Many people don’t understand the challenge in the EV industry. They think that anyone can just come in and provide competition which is a joke. U will c many known companies go bust n dust but Tesla will surely be up there.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/175664443","repostId":"2153793716","repostType":2,"isVote":1,"tweetType":1,"viewCount":3827,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172548901,"gmtCreate":1626968141603,"gmtModify":1633769202432,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Many traditional petrol car companies will soon be&nbsp;out of the race. Produce EV cars is no&nbsp;easy feat. U think especially those newcomers can just come in in and compete with Tesla ?&nbsp;Lol then&nbsp;u simply&nbsp;got no idea of the EV industry.&nbsp;","listText":"Many traditional petrol car companies will soon be&nbsp;out of the race. Produce EV cars is no&nbsp;easy feat. U think especially those newcomers can just come in in and compete with Tesla ?&nbsp;Lol then&nbsp;u simply&nbsp;got no idea of the EV industry.&nbsp;","text":"Many traditional petrol car companies will soon be out of the race. Produce EV cars is no easy feat. U think especially those newcomers can just come in in and compete with Tesla ? Lol then u simply got no idea of the EV industry.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/172548901","repostId":"2153975674","repostType":2,"isVote":1,"tweetType":1,"viewCount":2572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147387790,"gmtCreate":1626335644010,"gmtModify":1633927758384,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Cathie not talk only, she put her $ into action !&nbsp;","listText":"Cathie not talk only, she put her $ into action !&nbsp;","text":"Cathie not talk only, she put her $ into action !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/147387790","repostId":"1122293334","repostType":2,"isVote":1,"tweetType":1,"viewCount":2033,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142785289,"gmtCreate":1626177265841,"gmtModify":1631883987253,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Just wait till August ER, their&nbsp;earnings report will blow off the rooftop.&nbsp;","listText":"Just wait till August ER, their&nbsp;earnings report will blow off the rooftop.&nbsp;","text":"Just wait till August ER, their earnings report will blow off the rooftop.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/142785289","repostId":"1167347467","repostType":2,"repost":{"id":"1167347467","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626162826,"share":"https://www.laohu8.com/m/news/1167347467?lang=zh_CN&edition=full","pubTime":"2021-07-13 15:53","market":"us","language":"en","title":"Even A Tanking Bitcoin Is Good For Coinbase's Business, Goldman Sachs Says As It Reiterates Buy Rating<blockquote>高盛重申买入评级时表示，即使比特币低迷也对Coinbase的业务有利</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1167347467","media":"Benzinga","summary":"Coinbase Global Inc stands to benefit even from a tanking Bitcoin(CRYPTO: BTC), according to Goldman","content":"<p><b>Coinbase Global Inc</b> stands to benefit even from a tanking&nbsp;<b>Bitcoin</b>(CRYPTO: BTC), according to Goldman Sachs.</p><p><blockquote><b>比特币基地全球公司</b>即使是坦克也能受益<b>比特币</b>（加密货币：BTC），据高盛称。</blockquote></p><p> <b>What Happened:</b>&nbsp;The New York-headquartered investment bank said that the cryptocurrency trading platform is likely to beat second-quarter estimates labeling it a tactical trade,&nbsp;reportedCoinDesk.</p><p><blockquote><b>发生了什么：</b>据CoinDesk报道，这家总部位于纽约的投资银行表示，该加密货币交易平台可能会超出第二季度的预期，将其标记为战术交易。</blockquote></p><p> In a memo, Goldman noted that volatility in Bitcoin led to soaring trading volumes, which in turn presents an opportunity for Coinbase to rake in revenue in the form of fees.</p><p><blockquote>高盛在一份备忘录中指出，比特币的波动导致交易量飙升，这反过来为Coinbase提供了以费用形式赚取收入的机会。</blockquote></p><p> Even if the prices of BTC stay depressed, nervous users of the platform contribute to Coinbase’s coffers in the form of trading fees.</p><p><blockquote>即使BTC的价格保持低迷，该平台紧张的用户也会以交易费的形式为Coinbase的金库做出贡献。</blockquote></p><p> Coinbase shares traded 2.45% lower at $247.67 in Monday’s regular session. BTC has slipped 48.95% from the all-time&nbsp;high of $64,863.10 that it touched in April. At press time, BTC traded 3.85% lower at $33,115.20.</p><p><blockquote>周一常规交易中，Coinbase股价下跌2.45%，至247.67美元。BTC已较4月份触及的历史高点64,863.10美元下跌48.95%。截至发稿，BTC下跌3.85%，报33,115.20美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0ea2123ec0972e612b9e5cde35ee2cd3\" tg-width=\"659\" tg-height=\"378\" referrerpolicy=\"no-referrer\"><b>Why It Matters:</b>&nbsp;Goldman analyst Will Nance put his earnings per share estimates 11% above consensus for the year ahead, noted CoinDesk.</p><p><blockquote><b>为什么重要：</b>CoinDesk指出，高盛分析师Will Nance对未来一年的每股收益预期比市场普遍预期高出11%。</blockquote></p><p> Nance reportedly said in a note that investors are put off by Coinbase’s post listing decline, as the company’s shares have fallen 25% from their peak, but said investors could begin “reengaging in the coming quarters.”</p><p><blockquote>据报道，Nance在一份报告中表示，投资者对Coinbase上市后的下跌感到望而却步，因为该公司的股价已从峰值下跌了25%，但他表示，投资者可能会开始“在未来几个季度重新参与”。</blockquote></p><p> In late June, Coinbase CEO Brian Armstrong called for thebuilding of a “crypto app store”similar to the one hosted by<b>Apple Inc</b>(NASDAQ:AAPL).</p><p><blockquote>6月下旬，Coinbase首席执行官布莱恩·阿姆斯特朗(Brian Armstrong)呼吁建立一个类似于<b>苹果公司</b>（纳斯达克：AAPL）。</blockquote></p><p> Armstrong’s call was based on the growth of non-fungible tokens or NFTs and Decentralized Applications or DApps. At the time, the CEO also advocated an “international-first mindset.”</p><p><blockquote>Armstrong的看涨期权基于不可替代代币或NFT和去中心化应用程序或DApps的增长。当时，这位首席执行官还倡导“国际优先的心态”。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Even A Tanking Bitcoin Is Good For Coinbase's Business, Goldman Sachs Says As It Reiterates Buy Rating<blockquote>高盛重申买入评级时表示，即使比特币低迷也对Coinbase的业务有利</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEven A Tanking Bitcoin Is Good For Coinbase's Business, Goldman Sachs Says As It Reiterates Buy Rating<blockquote>高盛重申买入评级时表示，即使比特币低迷也对Coinbase的业务有利</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-07-13 15:53</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b>Coinbase Global Inc</b> stands to benefit even from a tanking&nbsp;<b>Bitcoin</b>(CRYPTO: BTC), according to Goldman Sachs.</p><p><blockquote><b>比特币基地全球公司</b>即使是坦克也能受益<b>比特币</b>（加密货币：BTC），据高盛称。</blockquote></p><p> <b>What Happened:</b>&nbsp;The New York-headquartered investment bank said that the cryptocurrency trading platform is likely to beat second-quarter estimates labeling it a tactical trade,&nbsp;reportedCoinDesk.</p><p><blockquote><b>发生了什么：</b>据CoinDesk报道，这家总部位于纽约的投资银行表示，该加密货币交易平台可能会超出第二季度的预期，将其标记为战术交易。</blockquote></p><p> In a memo, Goldman noted that volatility in Bitcoin led to soaring trading volumes, which in turn presents an opportunity for Coinbase to rake in revenue in the form of fees.</p><p><blockquote>高盛在一份备忘录中指出，比特币的波动导致交易量飙升，这反过来为Coinbase提供了以费用形式赚取收入的机会。</blockquote></p><p> Even if the prices of BTC stay depressed, nervous users of the platform contribute to Coinbase’s coffers in the form of trading fees.</p><p><blockquote>即使BTC的价格保持低迷，该平台紧张的用户也会以交易费的形式为Coinbase的金库做出贡献。</blockquote></p><p> Coinbase shares traded 2.45% lower at $247.67 in Monday’s regular session. BTC has slipped 48.95% from the all-time&nbsp;high of $64,863.10 that it touched in April. At press time, BTC traded 3.85% lower at $33,115.20.</p><p><blockquote>周一常规交易中，Coinbase股价下跌2.45%，至247.67美元。BTC已较4月份触及的历史高点64,863.10美元下跌48.95%。截至发稿，BTC下跌3.85%，报33,115.20美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0ea2123ec0972e612b9e5cde35ee2cd3\" tg-width=\"659\" tg-height=\"378\" referrerpolicy=\"no-referrer\"><b>Why It Matters:</b>&nbsp;Goldman analyst Will Nance put his earnings per share estimates 11% above consensus for the year ahead, noted CoinDesk.</p><p><blockquote><b>为什么重要：</b>CoinDesk指出，高盛分析师Will Nance对未来一年的每股收益预期比市场普遍预期高出11%。</blockquote></p><p> Nance reportedly said in a note that investors are put off by Coinbase’s post listing decline, as the company’s shares have fallen 25% from their peak, but said investors could begin “reengaging in the coming quarters.”</p><p><blockquote>据报道，Nance在一份报告中表示，投资者对Coinbase上市后的下跌感到望而却步，因为该公司的股价已从峰值下跌了25%，但他表示，投资者可能会开始“在未来几个季度重新参与”。</blockquote></p><p> In late June, Coinbase CEO Brian Armstrong called for thebuilding of a “crypto app store”similar to the one hosted by<b>Apple Inc</b>(NASDAQ:AAPL).</p><p><blockquote>6月下旬，Coinbase首席执行官布莱恩·阿姆斯特朗(Brian Armstrong)呼吁建立一个类似于<b>苹果公司</b>（纳斯达克：AAPL）。</blockquote></p><p> Armstrong’s call was based on the growth of non-fungible tokens or NFTs and Decentralized Applications or DApps. At the time, the CEO also advocated an “international-first mindset.”</p><p><blockquote>Armstrong的看涨期权基于不可替代代币或NFT和去中心化应用程序或DApps的增长。当时，这位首席执行官还倡导“国际优先的心态”。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167347467","content_text":"Coinbase Global Inc stands to benefit even from a tanking Bitcoin(CRYPTO: BTC), according to Goldman Sachs.\nWhat Happened: The New York-headquartered investment bank said that the cryptocurrency trading platform is likely to beat second-quarter estimates labeling it a tactical trade, reportedCoinDesk.\nIn a memo, Goldman noted that volatility in Bitcoin led to soaring trading volumes, which in turn presents an opportunity for Coinbase to rake in revenue in the form of fees.\nEven if the prices of BTC stay depressed, nervous users of the platform contribute to Coinbase’s coffers in the form of trading fees.\nCoinbase shares traded 2.45% lower at $247.67 in Monday’s regular session. BTC has slipped 48.95% from the all-time high of $64,863.10 that it touched in April. At press time, BTC traded 3.85% lower at $33,115.20.\nWhy It Matters: Goldman analyst Will Nance put his earnings per share estimates 11% above consensus for the year ahead, noted CoinDesk.\nNance reportedly said in a note that investors are put off by Coinbase’s post listing decline, as the company’s shares have fallen 25% from their peak, but said investors could begin “reengaging in the coming quarters.”\nIn late June, Coinbase CEO Brian Armstrong called for thebuilding of a “crypto app store”similar to the one hosted byApple Inc(NASDAQ:AAPL).\nArmstrong’s call was based on the growth of non-fungible tokens or NFTs and Decentralized Applications or DApps. At the time, the CEO also advocated an “international-first mindset.”","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":2764,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146730610,"gmtCreate":1626098783430,"gmtModify":1633930140492,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Paraguay announcing Bitcoin adoption on 14th, it’s going be massive","listText":"Paraguay announcing Bitcoin adoption on 14th, it’s going be massive","text":"Paraguay announcing Bitcoin adoption on 14th, it’s going be massive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/146730610","repostId":"1163404938","repostType":2,"isVote":1,"tweetType":1,"viewCount":2446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141791346,"gmtCreate":1625889928385,"gmtModify":1633936327900,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Tesla for sure within the next few years cos EV market will explode.&nbsp;","listText":"Tesla for sure within the next few years cos EV market will explode.&nbsp;","text":"Tesla for sure within the next few years cos EV market will explode.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/141791346","repostId":"1177397700","repostType":4,"isVote":1,"tweetType":1,"viewCount":2244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141022544,"gmtCreate":1625826365888,"gmtModify":1631884665390,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Beware of China EV listed in US markets, You havebeen WARNED ! China regulations incoming !","listText":"Beware of China EV listed in US markets, You havebeen WARNED ! China regulations incoming !","text":"Beware of China EV listed in US markets, You havebeen WARNED ! China regulations incoming !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141022544","repostId":"2150320772","repostType":2,"isVote":1,"tweetType":1,"viewCount":1978,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143764077,"gmtCreate":1625819064599,"gmtModify":1631884665408,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"it will dip further once China announce their new law in the making.&nbsp;","listText":"it will dip further once China announce their new law in the making.&nbsp;","text":"it will dip further once China announce their new law in the making.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/143764077","repostId":"1161133836","repostType":2,"isVote":1,"tweetType":1,"viewCount":844,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149030975,"gmtCreate":1625685143697,"gmtModify":1633938409680,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"I sold n bought other faster growth&nbsp;stocks, seriously palantir is a slow growth snail.&nbsp;","listText":"I sold n bought other faster growth&nbsp;stocks, seriously palantir is a slow growth snail.&nbsp;","text":"I sold n bought other faster growth stocks, seriously palantir is a slow growth snail.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/149030975","repostId":"1115821085","repostType":2,"repost":{"id":"1115821085","kind":"news","pubTimestamp":1625214660,"share":"https://www.laohu8.com/m/news/1115821085?lang=zh_CN&edition=full","pubTime":"2021-07-02 16:31","market":"us","language":"en","title":"Palantir: Great Company, Risky Investment<blockquote>Palantir：伟大的公司，有风险的投资</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1115821085","media":"seekingalpha","summary":"Summary\n\nPalantir holds a unique place in the market and has a significant moat around this business","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Palantir holds a unique place in the market and has a significant moat around this business.</li>  <li>Having said this, even under optimistic assumptions, Palantir looks overvalued.</li>  <li>Furthermore, Palantir faces a unique and hard to control set of challenges.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/24b21fd364a3c58b289354c3e5b92fd0\" tg-width=\"768\" tg-height=\"512\"><span>Maria Marganingsih/iStock via Getty Images</span></p><p><blockquote><ul><li>Palantir在市场上占有独特的地位，并在该业务上拥有重要的护城河。</li><li>话虽如此，即使在乐观的假设下，Palantir看起来也被高估了。</li><li>此外，Palantir面临着一系列独特且难以控制的挑战。</li></ul><p class=\"t-img-caption\"><span>Maria Marganingsih/iStock来自Getty Images</span></p></blockquote></p><p> <b>Thesis Summary</b></p><p><blockquote><b>论文摘要</b></blockquote></p><p> Palantir Technologies Inc. (PLTR) is, by many accounts, an outstanding company. We believe that Palantir occupies a niche spot in the market, and has built a moat around its business thanks to its technology and workforce.</p><p><blockquote>许多人认为，Palantir Technologies Inc.(PLTR)是一家杰出的公司。我们相信Palantir在市场上占据了利基市场，并凭借其技术和劳动力围绕其业务建立了护城河。</blockquote></p><p> We have derived a valuation for Palantir using trend analysis and comparables, with a 2030 horizon, where we tackle mainly profitability and equity dilution. Although our target price for that year is nearly $42 per share, this only represents a 4.6% annual growth rate from the current price.</p><p><blockquote>我们使用趋势分析和可比数据得出了Palantir的估值，展望2030年，我们主要解决盈利能力和股权稀释问题。尽管我们当年的目标价接近每股42美元，但这仅代表当前价格4.6%的年增长率。</blockquote></p><p> Ultimately, though Palantir is a great business, the current price does not offer investors attractive returns.</p><p><blockquote>最终，尽管Palantir是一家伟大的企业，但目前的价格并不能为投资者提供有吸引力的回报。</blockquote></p><p> <b>What makes Palantir special?</b></p><p><blockquote><b>Palantir有什么特别之处？</b></blockquote></p><p> Palantir seems to be one of the most popular stocks to talk about in the last few months. The company, which has been around since 2003, but IPO'd only eight and a half months ago, is followed closely by both hawkish bears and delighted bulls. But why? What exactly makes Palantir so special?</p><p><blockquote>Palantir似乎是过去几个月最受欢迎的股票之一。该公司自2003年成立，但仅在八个半月前首次公开募股，受到鹰派空头和欣喜多头的密切关注。但是为什么呢？究竟是什么让Palantir如此特别？</blockquote></p><p> The bears would point out nothing, and while I do agree that, oftentimes, unwarranted hype is created around buzzwords like \"data\", I will argue here that Palantir is special. This is important because it puts Palantir in a great situation in terms of the competitive landscape and growth opportunities. However, it also creates a very particular set of \"risks\" and challenges for the company.</p><p><blockquote>看空者不会指出任何事情，虽然我确实同意，围绕“数据”等流行语经常进行毫无根据的炒作，但我在这里认为Palantir很特别。这很重要，因为它使Palantir在竞争格局和增长机会方面处于有利地位。然而，它也给公司带来了一系列非常特殊的“风险”和挑战。</blockquote></p><p> On the most superficial level, Palantir is a \"data analytics company\", which has found itself a nice spot on the list of government contractors, both domestic and abroad. This already makes the company more interesting than many others. There is nothing today growing faster than data, and at close second we could put government spending. However, this misses the point of what actually makes the company special, or, more specifically, what has allowed the company to gain so much favour with public institutions, and now private clients.</p><p><blockquote>从最表面的层面来看，Palantir是一家“数据分析公司”，它已经在国内外政府承包商名单上找到了一席之地。这已经使该公司比许多其他公司更有趣。如今，没有什么比数据增长得更快了，紧随其后的是政府支出。然而，这忽略了是什么让该公司真正与众不同，或者更具体地说，是什么让该公司获得了公共机构以及现在的私人客户的如此多的青睐。</blockquote></p><p> If we could put it into one sentence, we would say the following: Palantir walks a fine line between data analytics and consulting. Indeed, the company has some very powerful proprietary software, which we might as well call an AI, but it also has one of the most talented workforces in the world, with specific task forces being created to address the needs of each client/contract.</p><p><blockquote>如果我们可以用一句话来概括，我们会说：Palantir在数据分析和咨询之间徘徊。事实上，该公司拥有一些非常强大的专有软件，我们不妨将其看涨期权为人工智能，但它也拥有世界上最有才华的员工队伍之一，并创建了特定的工作组来满足每个客户/合同的需求。</blockquote></p><p> Think about it like a mix between McKinsey and International Business Machines (IBM). In practice, it's not enough to have a powerful computer that can find great insights. First, it has to be led in the right direction, and then those insights have to be implemented properly. And of course, once you implement new measures, these create a whole new set of variables and data, so you can rinse and repeat indefinitely.</p><p><blockquote>把它想象成麦肯锡和国际商业机器公司(IBM)的混合体。在实践中，仅仅拥有一台能够发现伟大见解的强大计算机是不够的。首先，它必须被引导到正确的方向，然后这些见解必须被正确地实施。当然，一旦你实施了新的措施，这些措施会创建一组全新的变量和数据，所以你可以无限期地冲洗和重复。</blockquote></p><p> This is what a lot of people miss about this company. Some think it just has great software, which it does, but its biggest asset, we would argue, is its \"business model\" which is powered by its workforce. Furthermore, many of those who do acknowledge the fact that Palantir relies heavily on using specialized employees to address their clients' needs point this out as a weakness rather than the great strength that it is. They would argue that Palantir has to spend a lot of money on employing people to help their clients use their product, which makes it less \"profitable\", but this is a very rudimentary understanding of the situation. It's true that it might not achieve such high margins as a traditional SaaS, but it definitely doesn't mean the company is unprofitable. Consulting firms, like McKinsey or Accenture plc (ACN), do just this, employ people to help out their clients, and they certainly don't seem to struggle to make a profit. Ultimately, a cost is justified as long as it brings sufficient value.</p><p><blockquote>这是很多人怀念这家公司的地方。有些人认为它只是拥有出色的软件，事实也的确如此，但我们认为，它最大的资产是由员工驱动的“商业模式”。此外，许多承认Palantir严重依赖使用专业员工来满足客户需求的人指出，这是一个弱点，而不是它的巨大优势。他们会争辩说，Palantir不得不花很多钱雇人来帮助他们的客户使用他们的产品，这使得它不那么“有利可图”，但这是对情况的非常初级的理解。诚然，它可能无法像传统SaaS那样实现如此高的利润率，但这绝对不意味着该公司无利可图。像麦肯锡或埃森哲公司（ACN）这样的咨询公司就是这样做的，雇佣人们来帮助他们的客户，而且他们似乎并不努力盈利。最终，只要成本带来足够的价值，它就是合理的。</blockquote></p><p> <b>Does Palantir have a \"moat\"?</b></p><p><blockquote><b>Palantir有“护城河”吗？</b></blockquote></p><p> But even if Palantir is special; does this matter? How does this set it apart from its competitors? In this regard, Palantir faces three different sets of competitors:</p><p><blockquote>但即使Palantir很特别；这有关系吗？这如何将其与竞争对手区分开来？在这方面，Palantir面临三组不同的竞争对手：</blockquote></p><p> Firstly, Palantir is competing with traditional consulting firms. Ultimately, this is what the company does, since it is working hand-in-hand with its clients to improve their operations. Consulting firms like Accenture and McKinsey do this to a certain degree, but at the moment, they lack the technical requirements and niche focus that Palantir has.</p><p><blockquote>首先，Palantir正在与传统咨询公司竞争。最终，这就是该公司所做的，因为它正在与客户携手改善他们的运营。埃森哲和麦肯锡等咨询公司在一定程度上做到了这一点，但目前，他们缺乏Palantir所具备的技术要求和利基重点。</blockquote></p><p></p><p> From a data analytics sector perspective, Palantir could be put into the same category as companies like IBM or SAP SE (SAP). These companies do indeed have the necessary resources to compete with Palantir in terms of services, but not on price. These companies have been around for too long and are way too big to be able to compete in price with Palantir. They simply cannot scale down efficiently enough.</p><p><blockquote>从数据分析行业的角度来看，Palantir可以与IBM或SAP SE(SAP)等公司归入同一类别。这些公司确实拥有在服务方面与Palantir竞争的必要资源，但不是在价格上。这些公司已经存在太久了，规模太大，无法在价格上与Palantir竞争。他们根本无法足够有效地缩小规模。</blockquote></p><p> Lastly, the company competes head-to-head with other defence contractors such as Booz Allen Hamilton Holding Corporation (BAH) and SAIC. The problem these firms have competing with Palantir is that they are not specialized enough within their offerings.</p><p><blockquote>最后，该公司与博思艾伦控股公司(BAH)和SAIC等其他国防承包商展开正面竞争。这些公司与Palantir竞争的问题是他们的产品不够专业化。</blockquote></p><p> To sum up, we would argue that Palantir's moat comes, firstly, from its business proposition. Palantir was created with a very clear idea behind it, which allowed it to be a niche company. This specialization also allows it to be more efficient, and offer clients more competitive prices.</p><p><blockquote>总而言之，我们认为Palantir的护城河首先来自于其商业主张。Palantir的创建背后有一个非常明确的想法，这使得它成为一家利基公司。这种专业化也使其更加高效，并为客户提供更具竞争力的价格。</blockquote></p><p> It is true that this business model can be copied. There is nothing stopping new companies from doing what Palantir is doing and there are some startups attempting to do this, such as&nbsp;Digital Reasoning, but bear in mind this company has only ever received $134 million in funding. What does set Palantir apart from its competitors and is something that they can't easily replicate is its workforce. Palantir spends a lot of money to find and keep the best talent in the industry. A big part of this is done through stock-based compensation, which is a hot topic&nbsp;I discussed here. In any case, Palantir has the advantage of being \"the place to be\" right now, within the industry. This popularity and recognition has increased even more since its IPO and is a key factor in attracting and retaining young talent. This talent is, ultimately, the company's biggest strength.</p><p><blockquote>诚然，这种商业模式是可以复制的。没有什么可以阻止新公司做Palantir正在做的事情，也有一些初创公司试图这样做，例如数字推理，但请记住，这家公司只获得了1.34亿美元的资金。Palantir与竞争对手的区别在于其员工队伍，这也是他们无法轻易复制的。Palantir花费大量资金寻找并留住业内最优秀的人才。其中很大一部分是通过基于股票的薪酬来完成的，这是我在这里讨论的一个热门话题。无论如何，Palantir具有目前行业内“最佳去处”的优势。自首次公开募股以来，这种受欢迎程度和认可度进一步提高，是吸引和留住年轻人才的关键因素。这种人才最终是公司最大的优势。</blockquote></p><p> <b>Addressable Market &amp; Growth Opportunities</b></p><p><blockquote><b>潜在市场和增长机会</b></blockquote></p><p> With that said, let's proceed towards analysing Palantir's TAM and Growth outlook.</p><p><blockquote>话虽如此，让我们继续分析Palantir的TAM和增长前景。</blockquote></p><p> In the sections above, we mentioned how Palantir is in a unique situation, because it is both a consulting firm and a data analytics firm, and it also has significant government contracts. Therefore, we could look at TAM from these three perspectives:</p><p><blockquote>在上面的章节中，我们提到了Palantir的独特处境，因为它既是一家咨询公司，也是一家数据分析公司，而且还拥有重要的政府合同。因此，我们可以从以下三个角度来看待TAM：</blockquote></p><p> Starting with consulting, this is perhaps the least exciting of the three areas where Palantir can grow. According to research, the \"Management Consulting Services\" industry will grow at a CAGR of 8% through 2025, which would put the industry at a size of $1201.06 billion. Granted, this is not impressive growth but it is a remarkable size. In this sense, Palantir could actually attack much of this market, which is now dominated by \"the big four\".</p><p><blockquote>从咨询开始，这可能是Palantir可以发展的三个领域中最不令人兴奋的。根据研究，到2025年，“管理咨询服务”行业将以8%的CAGR增长，这将使该行业的规模达到12010.6亿美元。诚然，这并不是令人印象深刻的增长，但它是一个非凡的规模。从这个意义上说，Palantir实际上可以攻击这个目前由“四大”主导的市场的大部分。</blockquote></p><p> From the point of view of data analytics, we have a market that, in this case, is growing very fast. According to Quince Market Insights, this segment will grow at a&nbsp;CAGR of 25% in the next 10 years. Furthermore, studies have also found that, currently, companies only analyze around&nbsp;12% of their data.This creates a massive opportunity for a company like Palantir to come in, and show these companies exactly how and why they need to analyze their data.</p><p><blockquote>从数据分析的角度来看，我们有一个增长非常快的市场。根据Quince Market Insights的数据，该细分市场在未来10年将以25%的CAGR增长。此外，研究还发现，目前，公司只分析了大约12%的数据。这为像Palantir这样的公司创造了巨大的机会，并向这些公司展示了他们需要如何以及为什么分析他们的数据。</blockquote></p><p> Lastly, since Palantir works closely with the government, it is only reasonable to believe that the more it spends, the more Palantir will make.The CBO projects&nbsp;average yearly deficits of $1.2 trillion from 2022 to 2030. This is in line with the current tendency of continued increase in public spending, but what is most encouraging is where this spending will take place:</p><p><blockquote>最后，由于Palantir与政府密切合作，因此有理由相信它花的越多，Palantir赚的就越多。CBO预计，从2022年到2030年，年均赤字为1.2万亿美元。这与目前公共开支持续增加的趋势是一致的，但最令人鼓舞的是，这项开支将会发生在何处：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8330575726862d333c1cfabc18987a50\" tg-width=\"1280\" tg-height=\"626\"><span>Source:CBO.gov</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：CBO.gov</span></p></blockquote></p><p> By 2030, the biggest item on the Federal government's expense sheet will be Major Health Care Programs, which will be equivalent to 9% of GDP. Data from the NHE also suggest that by 2028 healthcare will be a&nbsp;$6.2 trillion business.Again, this is great news for Palantir, since data analytics within the healthcare industry is a high growth area. Palantir already has clients in this area, including the&nbsp;UK's National Health System[NHS].</p><p><blockquote>到2030年，联邦政府开支单上最大的项目将是主要的医疗保健项目，这将相当于GDP的9%。NHE的数据还表明，到2028年，医疗保健业务将达到6.2万亿美元。同样，这对Palantir来说是个好消息，因为医疗保健行业的数据分析是一个高增长领域。Palantir已经在该领域拥有客户，包括英国国家卫生系统[NHS]。</blockquote></p><p> All in all, Palantir has the benefit of working within a fast-growing sector, data, but with the ability of being able to deploy their technology and workforce to solve niche applications. Given that the data analytics industry is projected to grow at 25% and that Palantir has strong government connections, we believe the company could easily achieve analysts' goal of 30% CAGR over the next 5 years.</p><p><blockquote>总而言之，Palantir的优势在于在快速增长的数据领域工作，但也有能力部署他们的技术和劳动力来解决利基应用。鉴于数据分析行业预计将增长25%，并且Palantir拥有强大的政府关系，我们相信该公司可以轻松实现分析师未来5年复合年增长率30%的目标。</blockquote></p><p> <b>Profitability Analysis</b></p><p><blockquote><b>盈利能力分析</b></blockquote></p><p></p><p> Profitability is expected to grow as revenues reach higher levels. The question that any investor would like answered is not only if this is going to be the case, but by how much. Our aim here is to make a forecast of Palantir revenues and earnings until 2030 so that we can later make a sound valuation of the stock through earnings multiples. The method used here is a combination of trendline analysis of existing financials, performances by most comparable competitors, and estimates by analysts and the company itself.</p><p><blockquote>随着收入达到更高水平，盈利能力预计将增长。任何投资者想要回答的问题不仅是这种情况是否会发生，而且会发生多少。我们的目标是预测Palantir到2030年的收入和收益，以便我们以后可以通过市盈率对该股票进行合理的估值。这里使用的方法是对现有财务状况的趋势线分析、大多数可比竞争对手的表现以及分析师和公司本身的估计的结合。</blockquote></p><p> We have already talked about the addressable market and growth prospects, now it is time to quantify the expected revenue path for Palantir. Since companies rarely sustain such high growth rates in the long run, we find that a second order polynomial trendline is often the best method to calculate this. This type of equation delivers a flatter curve than an exponential trendline, which assumes a constant growth rate. For Palantir's quarterly revenue, it is also a very good fit as you can see below. You can see the trendline along the actual revenue recorded in the last nine quarters, and a projection until 2030 Q4.</p><p><blockquote>我们已经讨论了潜在市场和增长前景，现在是时候量化Palantir的预期收入路径了。由于公司很少长期保持如此高的增长率，我们发现二阶多项式趋势线通常是计算这一点的最佳方法。这种类型的方程提供了比指数趋势线更平坦的曲线，指数趋势线假设增长率恒定。对于Palantir的季度收入来说，它也非常适合，如下所示。您可以看到过去九个季度记录的实际收入的趋势线，以及到2030年第四季度的预测。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/acada8ddc443d930e8cb4e3929b42015\" tg-width=\"515\" tg-height=\"341\"><span>Source: Author's work based on financial records. Revenue in $million. Quarters are numbered from 1 (Q1 2019) to 48 (Q4 2030)</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：作者基于财务记录的工作。收入单位为百万美元。季度编号为1（2019年第一季度）至48（2030年第四季度）</span></p></blockquote></p><p> If you apply the function above you get a forecasted yearly revenue of 11.9 billion for 2030, including $3.1 billion in Q4 of that year. This is not far from the consensus estimate for 2030 you can find on Seeking Alpha, which is $12.42 billion. According to the latest earnings call, management expects to deliver 30%+ growth at least in the next four years. To put this into perspective, a CAGR of 30% until 2030 would give a revenue of $11.5 billion. Taking the three into account, we will keep our trendline estimate of 11.9, which lies between the other two figures.</p><p><blockquote>如果你应用上面的函数，你会得到2030年的预测年收入为119亿美元，其中包括当年第四季度的31亿美元。这与Seeking Alpha上对2030年的共识估计（124.2亿美元）相差不远。根据最新的收益看涨期权，管理层预计至少在未来四年内实现30%以上的增长。从这个角度来看，到2030年，30%的复合年增长率将带来115亿美元的收入。考虑到这三者，我们将保持趋势线估计值11.9，该值位于其他两个数字之间。</blockquote></p><p> Gross margins have been improving gradually according to GAAP figures over the last nine quarters, from nearly 68% in the first quarter of 2019 to over 78% in the latest quarter. Except for an unusually bad figure in Q3 2020, which has been taken out of the equation for a smoother analysis, the gross margin as a function of revenue shows a predictable path of improvement through a linear trend, as you can see in this chart.</p><p><blockquote>根据GAAP数据，过去九个季度的毛利率一直在逐步提高，从2019年第一季度的近68%提高到最近一个季度的78%以上。除了2020年第三季度异常糟糕的数据（为了更顺利的分析，该数据已从等式中删除）外，毛利率作为收入的函数通过线性趋势显示了可预测的改善路径，如您在此图表中看到的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9094dcdd5ddbc9df1499318bf694ad7a\" tg-width=\"481\" tg-height=\"289\"><span>Source: Author's work based on financial records. Items in $million</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：作者基于财务记录的工作。项目（百万美元）</span></p></blockquote></p><p> Data excludes a figure of (289,140) from Q3 2020.</p><p><blockquote>数据不包括2020年第三季度的数字（289,140）。</blockquote></p><p> The linear equation above, with a 0.9 slope, generates a forecast where the gross margin should tend towards 90% of revenue. Applying this formula to the forecasted revenue of $11.9 billion predicts a gross margin figure of $10.6 billion for 2030.</p><p><blockquote>上面的线性方程斜率为0.9，预测毛利率应趋向于收入的90%。将此公式应用于119亿美元的预测收入，预计2030年的毛利率为106亿美元。</blockquote></p><p> In order to transform gross margins into net income, so that we can make a valuation based on an earnings multiple, we will look at one of Palantir's comparables, discussed&nbsp;in a previous article, Cognizant (NASDAQ:CTSH). The reason for using Cognizant is that not only is the activity they carry out similar but it is also an example of a profitable pier with a fairly consistent earnings margin, and with debt and gross margin volumes comparable to the ones we are predicting for Palantir.</p><p><blockquote>为了将毛利率转化为净利润，以便我们可以根据市盈率进行估值，我们将研究Palantir的可比公司之一，如上一篇文章中所讨论的，Cognizant（纳斯达克股票代码：CTSH）。使用Cognizant的原因是，他们开展的活动不仅相似，而且它也是一个盈利码头的例子，利润率相当稳定，债务和毛利率与我们对Palantir的预测相当。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7effd28b7de277b78a107d14608164ff\" tg-width=\"481\" tg-height=\"289\"><span>Source: Author's work.</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：作者作品。</span></p></blockquote></p><p> With gross margins stable at around 6 billion in recent years, CTSH has maintained a healthy level of net income, ranging from 22% to 35% of gross profits. To make a fair estimate, we will assume the average percentage through the 10-year period, which is 30.61% of gross profit. We will also assume that Palantir achieves that level in 2030, with a gradual increase of the percentage until then.</p><p><blockquote>近年来毛利率稳定在60亿左右，CTSH净利润保持在健康水平，占毛利润的22%至35%不等。为了做出公平的估计，我们将假设10年期间的平均百分比，即毛利的30.61%。我们还假设Palantir将在2030年达到这一水平，并在此之前逐步增加百分比。</blockquote></p><p> This completes our revenue and earnings estimates for Palantir in 2030, reaching 11.9 billion revenue, $10.6 billion gross margin, and $3.3 billion net income.</p><p><blockquote>这完成了我们对Palantir 2030年收入和盈利的预测，收入达到119亿美元，毛利率达到106亿美元，净利润达到33亿美元。</blockquote></p><p> <table>  <tbody>   <tr>    <td>Year</p><p><blockquote><table><tbody><tr><td>年</td></tr></tbody></table></blockquote></p><p></td>    <td>2021</p><p><blockquote><td>2021</td></blockquote></p><p></td>    <td>2022</p><p><blockquote><td>2022</td></blockquote></p><p></td>    <td>2023</p><p><blockquote><td>2023</td></blockquote></p><p></td>    <td>2024</p><p><blockquote><td>2024</td></blockquote></p><p></td>    <td>2025</p><p><blockquote><td>2025</td></blockquote></p><p></td>    <td>2026</p><p><blockquote><td>2026</td></blockquote></p><p></td>    <td>2027</p><p><blockquote><td>2027</td></blockquote></p><p></td>    <td>2028</p><p><blockquote><td>2028</td></blockquote></p><p></td>    <td>2029</p><p><blockquote><td>2029</td></blockquote></p><p></td>    <td>2030</p><p><blockquote><td>2030</td></blockquote></p><p></td>   </tr>   <tr>    <td>Reven.</p><p><blockquote><tr><td>雷文。</td></tr></blockquote></p><p></td>    <td>1,581</p><p><blockquote><td>1,581</td></blockquote></p><p></td>    <td>2,196</p><p><blockquote><td>2,196</td></blockquote></p><p></td>    <td>2,942</p><p><blockquote><td>2,942</td></blockquote></p><p></td>    <td>3,820</p><p><blockquote><td>3,820</td></blockquote></p><p></td>    <td>4,830</p><p><blockquote><td>4,830</td></blockquote></p><p></td>    <td>5,972</p><p><blockquote><td>5,972</td></blockquote></p><p></td>    <td>7,245</p><p><blockquote><td>7,245</td></blockquote></p><p></td>    <td>8,650</p><p><blockquote><td>8,650</td></blockquote></p><p></td>    <td>10,188</p><p><blockquote><td>10,188</td></blockquote></p><p></td>    <td>11,856</p><p><blockquote><td>11,856</td></blockquote></p><p></td>   </tr>   <tr>    <td>Gross Profit</p><p><blockquote><tr><td>毛利</td></tr></blockquote></p><p></td>    <td>1,382</p><p><blockquote><td>1,382</td></blockquote></p><p></td>    <td>1,936</p><p><blockquote><td>1,936</td></blockquote></p><p></td>    <td>2,608</p><p><blockquote><td>2,608</td></blockquote></p><p></td>    <td>3,399</p><p><blockquote><td>3,399</td></blockquote></p><p></td>    <td>4,309</p><p><blockquote><td>4,309</td></blockquote></p><p></td>    <td>5,338</p><p><blockquote><td>5,338</td></blockquote></p><p></td>    <td>6,485</p><p><blockquote><td>6,485</td></blockquote></p><p></td>    <td>7,751</p><p><blockquote><td>7,751</td></blockquote></p><p></td>    <td>9,136</p><p><blockquote><td>9,136</td></blockquote></p><p></td>    <td>10,639</p><p><blockquote><td>10,639</td></blockquote></p><p></p><p></td>   </tr>   <tr>    <td>Net Income</p><p><blockquote><tr><td>净收入</td></tr></blockquote></p><p></td>    <td>42</p><p><blockquote><td>42</td></blockquote></p><p></td>    <td>119</p><p><blockquote><td>119</td></blockquote></p><p></td>    <td>240</p><p><blockquote><td>240</td></blockquote></p><p></td>    <td>416</p><p><blockquote><td>416</td></blockquote></p><p></td>    <td>660</p><p><blockquote><td>660</td></blockquote></p><p></td>    <td>980</p><p><blockquote><td>980</td></blockquote></p><p></td>    <td>1,390</p><p><blockquote><td>1,390</td></blockquote></p><p></td>    <td>1,898</p><p><blockquote><td>1,898</td></blockquote></p><p></td>    <td>2,517</p><p><blockquote><td>2,517</td></blockquote></p><p></td>    <td>3,257</p><p><blockquote><td>3,257</td></blockquote></p><p></td>   </tr>  </tbody> </table> Source: Author's work. Items in $millions.</p><p><blockquote>来源：作者作品。百万美元的项目。</blockquote></p><p> <b>Valuation</b></p><p><blockquote><b>估值</b></blockquote></p><p> Having forecasted revenues and earnings, we are prepared to estimate a path for Palantir's stock price. In order to do this, we need to also look into financing through equity and how the dilution will affect share prices. We are going to continue using the 2030 horizon as the timeframe.</p><p><blockquote>预测收入和盈利后，我们准备估计Palantir股价的走势。为了做到这一点，我们还需要研究通过股权融资以及稀释将如何影响股价。我们将继续使用2030年作为时间框架。</blockquote></p><p> First, we will create an estimate for market capitalization based on the current sector median earnings multiple, and then we will make a forecast for the dilution. The current GAAP TTM Price/earnings ratio for the sector is 33.94. The assumption here is that as Palantir becomes profitable, its valuation should approach this multiple and be fairly valued for its earnings. Based on the earnings we forecasted and the 33.94 PE ratio, we get the following estimated market capitalizations:</p><p><blockquote>首先，我们将根据当前行业市盈率中位数对市值进行估计，然后对稀释进行预测。该行业目前的GAAP TTM市盈率为33.94。这里的假设是，随着Palantir实现盈利，其估值应接近该倍数，并且其盈利估值合理。根据我们预测的盈利和33.94的市盈率，我们得到以下估计市值：</blockquote></p><p> <table>  <tbody>   <tr>    <td>Year</p><p><blockquote><table><tbody><tr><td>年</td></tr></tbody></table></blockquote></p><p></td>    <td>2021</p><p><blockquote><td>2021</td></blockquote></p><p></td>    <td>2022</p><p><blockquote><td>2022</td></blockquote></p><p></td>    <td>2023</p><p><blockquote><td>2023</td></blockquote></p><p></td>    <td>2024</p><p><blockquote><td>2024</td></blockquote></p><p></td>    <td>2025</p><p><blockquote><td>2025</td></blockquote></p><p></td>    <td>2026</p><p><blockquote><td>2026</td></blockquote></p><p></td>    <td>2027</p><p><blockquote><td>2027</td></blockquote></p><p></td>    <td>2028</p><p><blockquote><td>2028</td></blockquote></p><p></td>    <td>2029</p><p><blockquote><td>2029</td></blockquote></p><p></td>    <td>2030</p><p><blockquote><td>2030</td></blockquote></p><p></td>   </tr>   <tr>    <td>Net Inc.</p><p><blockquote><tr><td>网络公司。</td></tr></blockquote></p><p></td>    <td>42</p><p><blockquote><td>42</td></blockquote></p><p></td>    <td>119</p><p><blockquote><td>119</td></blockquote></p><p></td>    <td>240</p><p><blockquote><td>240</td></blockquote></p><p></td>    <td>416</p><p><blockquote><td>416</td></blockquote></p><p></td>    <td>660</p><p><blockquote><td>660</td></blockquote></p><p></td>    <td>980</p><p><blockquote><td>980</td></blockquote></p><p></td>    <td>1,390</p><p><blockquote><td>1,390</td></blockquote></p><p></td>    <td>1,898</p><p><blockquote><td>1,898</td></blockquote></p><p></td>    <td>2,517</p><p><blockquote><td>2,517</td></blockquote></p><p></td>    <td>3,257</p><p><blockquote><td>3,257</td></blockquote></p><p></td>   </tr>   <tr>    <td>Mkt. Cap [PE]</p><p><blockquote><tr><td>市场。帽[PE]</td></tr></blockquote></p><p></td>    <td>1,436</p><p><blockquote><td>1,436</td></blockquote></p><p></td>    <td>4,023</p><p><blockquote><td>4,023</td></blockquote></p><p></td>    <td>8,129</p><p><blockquote><td>8,129</td></blockquote></p><p></td>    <td>14,126</p><p><blockquote><td>14,126</td></blockquote></p><p></td>    <td>22,384</p><p><blockquote><td>22,384</td></blockquote></p><p></td>    <td>33,272</p><p><blockquote><td>33,272</td></blockquote></p><p></td>    <td>47,160</p><p><blockquote><td>47,160</td></blockquote></p><p></td>    <td>64,420</p><p><blockquote><td>64,420</td></blockquote></p><p></td>    <td>85,421</p><p><blockquote><td>85,421</td></blockquote></p><p></td>    <td>110,532</p><p><blockquote><td>110,532</td></blockquote></p><p></td>   </tr>  </tbody> </table> Source: Author's work. Items in $millions.</p><p><blockquote>来源：作者作品。百万美元的项目。</blockquote></p><p> As you can see, the current market capitalization of slightly over $50 billion wouldn't be justified by earnings until after 2027, reaching a level of $111 billion by 2030. This represents a CAGR of just 8.57%, before we take dilution into account.</p><p><blockquote>正如您所看到的，目前略高于500亿美元的市值要到2027年之后才能被盈利证明是合理的，到2030年将达到1110亿美元的水平。在我们考虑稀释之前，这意味着复合年增长率仅为8.57%。</blockquote></p><p> In order to predict how the number of common shares is likely to evolve over these years, we have made a forecast of the book value based on revenue, assuming the balance sheet maintains a similar structure relative to the volume of operations. If we look at the last four quarters, we have a fairly consistent linear pattern of how book value has increased with quarterly revenue, as you can see below.</p><p><blockquote>为了预测这些年普通股数量可能如何演变，我们根据收入对账面价值进行了预测，假设资产负债表相对于业务量保持类似的结构。如果我们看看过去四个季度，我们会发现账面价值随季度收入增长的线性模式相当一致，如下所示。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9066505bd8b5fce4ebf0d4f538a4bafe\" tg-width=\"481\" tg-height=\"289\"><span>Source: Author's work based on financial records. Items in $million</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：作者基于财务记录的工作。项目（百万美元）</span></p></blockquote></p><p> Applying this equation, with a revenue of $3.1 billion in Q4 2030, as per our previous forecast, the book value should rise to $34.2 billion. If we take into account the current book value of 1.8 billion and the accumulated net income we have already forecasted for the whole period, which is $11.5 billion, we estimate that an additional $20.9 billion of funding through new equity will be required. At the current share price of $27.37, this would mean 739 million additional common shares by the end of 2030. Added to the current 1.8 billion outstanding, the total is 2.6 billion common shares. Applying the $111 billion market capitalization we have forecasted, the resulting target price for the end of 2030 is $41.87. You can see a summary of these figures below.</p><p><blockquote>应用这个等式，根据我们之前的预测，2030年第四季度的收入为31亿美元，账面价值应升至342亿美元。如果我们考虑到当前18亿美元的账面价值以及我们已经预测的整个期间的累计净利润115亿美元，我们估计将需要通过新股权额外筹集209亿美元的资金。按照目前27.37美元的股价计算，这意味着到2030年底将增加7.39亿股普通股。加上目前已发行的18亿股，普通股总数为26亿股。应用我们预测的1110亿美元市值，2030年底的目标价为41.87美元。您可以在下面看到这些数字的摘要。</blockquote></p><p> <table>  <tbody>   <tr>    <td>Concept</p><p><blockquote><table><tbody><tr><td>概念</td></tr></tbody></table></blockquote></p><p></td>    <td>Amount</p><p><blockquote><td>数量</td></blockquote></p><p></td>   </tr>   <tr>    <td>Revenue Q4 2030</p><p><blockquote><tr><td>2030年第四季度收入</td></tr></blockquote></p><p></td>    <td>3,128</p><p><blockquote><td>3,128</td></blockquote></p><p></td>   </tr>   <tr>    <td>Book Value Q4 2030</p><p><blockquote><tr><td>2030年第四季度账面价值</td></tr></blockquote></p><p></td>    <td>34,212</p><p><blockquote><td>34,212</td></blockquote></p><p></td>   </tr>   <tr>    <td>Book Value Q1 2021</p><p><blockquote><tr><td>2021年第一季度账面价值</td></tr></blockquote></p><p></td>    <td>1,806</p><p><blockquote><td>1,806</td></blockquote></p><p></td>   </tr>   <tr>    <td>Acc. Net Income Q2 2021-Q4 2030</p><p><blockquote><tr><td>Acc.2021年第二季度-2030年第四季度净利润</td></tr></blockquote></p><p></td>    <td>11,517</p><p><blockquote><td>11,517</td></blockquote></p><p></td>   </tr>   <tr>    <td>Financing from new equity</p><p><blockquote><tr><td>新增股权融资</td></tr></blockquote></p><p></td>    <td>20,889</p><p><blockquote><td>20,889</td></blockquote></p><p></td>   </tr>   <tr>    <td>Current Share Price</p><p><blockquote><tr><td>当前股价</td></tr></blockquote></p><p></td>    <td>$ 27.37</p><p><blockquote><td>$27.37</td></blockquote></p><p></td>   </tr>   <tr>    <td>New shares required</p><p><blockquote><tr><td>所需新股</td></tr></blockquote></p><p></td>    <td>763</p><p><blockquote><td>763</td></blockquote></p><p></td>   </tr>   <tr>    <td>Market cap 2030 Q4</p><p><blockquote><tr><td>2030年第四季度市值</td></tr></blockquote></p><p></td>    <td>110,532</p><p><blockquote><td>110,532</td></blockquote></p><p></td>   </tr>   <tr>    <td>Nº Shares 2030 Q4 (millions)</p><p><blockquote><tr><td>2030年第四季度股数（百万）</td></tr></blockquote></p><p></td>    <td>2,640</p><p><blockquote><td>2,640</td></blockquote></p><p></td>   </tr>   <tr>    <td>Target Price 2030 Q4</p><p><blockquote><tr><td>2030年第四季度目标价</td></tr></blockquote></p><p></td>    <td>$ 41.87</p><p><blockquote><td>$41.87</td></blockquote></p><p></td>   </tr>   <tr>    <td>CAGR</p><p><blockquote><tr><td>CAGR</td></tr></blockquote></p><p></td>    <td>4.58%</p><p><blockquote><td>4.58%</td></blockquote></p><p></td>   </tr>  </tbody> </table> Source: Author's work. Monetary items in $millions, except per share items, nº of shares in millions.</p><p><blockquote>来源：作者作品。货币项目以百万美元为单位，每股项目除外，股份数量以百万为单位。</blockquote></p><p> As you can see, the expected CAGR for Palantir's stock price as per our forecasted fair value at the end of 2030 is just 4.58%. If we were to require, say, a 10% return, which is more reasonable for a growth stock, the fair price today would be $16.93, 38% lower than the current price.</p><p><blockquote>如您所见，根据我们预测的2030年底公允价值，Palantir股价的预期复合年增长率仅为4.58%。如果我们要求10%的回报率（这对于成长型股票来说更合理），那么今天的公平价格将是16.93美元，比当前价格低38%。</blockquote></p><p> <b>Risks</b></p><p><blockquote><b>风险</b></blockquote></p><p></p><p> Having said all this, we also have to mention some particular challenges that a company like Palantir faces. The most significant of these would relate to how the company has to manage its image in a world where privacy is becoming \"taboo\".</p><p><blockquote>说了这么多，我们还必须提到像Palantir这样的公司面临的一些特殊挑战。其中最重要的是，在一个隐私正成为“禁忌”的世界里，该公司必须如何管理自己的形象。</blockquote></p><p> Palantir is a company that, on many levels, has a lot of power, which can be both a blessing and a curse. The company has to be very careful with its data to avoid any events that could damage its reputation, which it needs in order to survive. Think, for example, Edward Snowden, who before becoming one of the most wanted men in the world was working for Booz Allen. What would happen if the next whistleblower came from within Palantir's ranks?</p><p><blockquote>Palantir是一家在很多层面上都拥有巨大权力的公司，这既可能是福也可能是祸。该公司必须非常小心地处理其数据，以避免任何可能损害其声誉的事件，而这是其生存所必需的。以爱德华·斯诺登为例，他在成为世界头号通缉犯之一之前曾在博思艾伦工作。如果下一个举报人来自Palantir内部会发生什么？</blockquote></p><p> On top of that, Palantir is also facing resistance from organizations abroad. For example, there is currently a campaign in the UK trying to stop Palantir fromworking with the NHS. It's understandable that some people may not want their medical data to be handled by a foreign company, even if it is from an allied country.</p><p><blockquote>除此之外，Palantir还面临着来自海外组织的阻力。例如，目前英国有一场运动试图阻止Palantir与NHS合作。可以理解的是，有些人可能不希望他们的医疗数据由外国公司处理，即使它来自盟国。</blockquote></p><p> Ultimately, these are very particular challenges that Palantir faces. Its growth could be hampered if people or even the government start to think the company is \"too powerful\". Furthermore, if anything happened to damage the company's reputation, Palantir could be finished overnight. Of course, this is why the company invests so heavily in its workforce. But will it be enough?</p><p><blockquote>最终，这些都是Palantir面临的非常特殊的挑战。如果人们甚至政府开始认为该公司“过于强大”，其增长可能会受到阻碍。此外，如果发生任何损害公司声誉的事情，Palantir可能会在一夜之间被终结。当然，这也是公司在员工方面投入如此之多的原因。但这就够了吗？</blockquote></p><p> <b>Takeaway</b></p><p><blockquote><b>外卖</b></blockquote></p><p> In conclusion, we believe Palantir is qualitatively a great company. They operate in a niche market with a lot of growth potential. On top of that, Palantir has one of the best technologies and workforces in the market right now, but this is not enough. Even with double-digit growth and assuming a steady path towards profitability, Palantir seems way too expensive today to provide investors with good returns. A great company doesn't always make a great investment, and we feel this is the case with Palantir.</p><p><blockquote>总之，我们相信Palantir在质量上是一家伟大的公司。他们在一个具有巨大增长潜力的利基市场运营。最重要的是，Palantir拥有目前市场上最好的技术和劳动力之一，但这还不够。即使Palantir实现了两位数的增长并稳步实现盈利，但如今的Palantir似乎过于昂贵，无法为投资者提供良好的回报。一家伟大的公司并不总是做出伟大的投资，我们认为Palantir就是这种情况。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir: Great Company, Risky Investment<blockquote>Palantir：伟大的公司，有风险的投资</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir: Great Company, Risky Investment<blockquote>Palantir：伟大的公司，有风险的投资</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-07-02 16:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Palantir holds a unique place in the market and has a significant moat around this business.</li>  <li>Having said this, even under optimistic assumptions, Palantir looks overvalued.</li>  <li>Furthermore, Palantir faces a unique and hard to control set of challenges.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/24b21fd364a3c58b289354c3e5b92fd0\" tg-width=\"768\" tg-height=\"512\"><span>Maria Marganingsih/iStock via Getty Images</span></p><p><blockquote><ul><li>Palantir在市场上占有独特的地位，并在该业务上拥有重要的护城河。</li><li>话虽如此，即使在乐观的假设下，Palantir看起来也被高估了。</li><li>此外，Palantir面临着一系列独特且难以控制的挑战。</li></ul><p class=\"t-img-caption\"><span>Maria Marganingsih/iStock来自Getty Images</span></p></blockquote></p><p> <b>Thesis Summary</b></p><p><blockquote><b>论文摘要</b></blockquote></p><p> Palantir Technologies Inc. (PLTR) is, by many accounts, an outstanding company. We believe that Palantir occupies a niche spot in the market, and has built a moat around its business thanks to its technology and workforce.</p><p><blockquote>许多人认为，Palantir Technologies Inc.(PLTR)是一家杰出的公司。我们相信Palantir在市场上占据了利基市场，并凭借其技术和劳动力围绕其业务建立了护城河。</blockquote></p><p> We have derived a valuation for Palantir using trend analysis and comparables, with a 2030 horizon, where we tackle mainly profitability and equity dilution. Although our target price for that year is nearly $42 per share, this only represents a 4.6% annual growth rate from the current price.</p><p><blockquote>我们使用趋势分析和可比数据得出了Palantir的估值，展望2030年，我们主要解决盈利能力和股权稀释问题。尽管我们当年的目标价接近每股42美元，但这仅代表当前价格4.6%的年增长率。</blockquote></p><p> Ultimately, though Palantir is a great business, the current price does not offer investors attractive returns.</p><p><blockquote>最终，尽管Palantir是一家伟大的企业，但目前的价格并不能为投资者提供有吸引力的回报。</blockquote></p><p> <b>What makes Palantir special?</b></p><p><blockquote><b>Palantir有什么特别之处？</b></blockquote></p><p> Palantir seems to be one of the most popular stocks to talk about in the last few months. The company, which has been around since 2003, but IPO'd only eight and a half months ago, is followed closely by both hawkish bears and delighted bulls. But why? What exactly makes Palantir so special?</p><p><blockquote>Palantir似乎是过去几个月最受欢迎的股票之一。该公司自2003年成立，但仅在八个半月前首次公开募股，受到鹰派空头和欣喜多头的密切关注。但是为什么呢？究竟是什么让Palantir如此特别？</blockquote></p><p> The bears would point out nothing, and while I do agree that, oftentimes, unwarranted hype is created around buzzwords like \"data\", I will argue here that Palantir is special. This is important because it puts Palantir in a great situation in terms of the competitive landscape and growth opportunities. However, it also creates a very particular set of \"risks\" and challenges for the company.</p><p><blockquote>看空者不会指出任何事情，虽然我确实同意，围绕“数据”等流行语经常进行毫无根据的炒作，但我在这里认为Palantir很特别。这很重要，因为它使Palantir在竞争格局和增长机会方面处于有利地位。然而，它也给公司带来了一系列非常特殊的“风险”和挑战。</blockquote></p><p> On the most superficial level, Palantir is a \"data analytics company\", which has found itself a nice spot on the list of government contractors, both domestic and abroad. This already makes the company more interesting than many others. There is nothing today growing faster than data, and at close second we could put government spending. However, this misses the point of what actually makes the company special, or, more specifically, what has allowed the company to gain so much favour with public institutions, and now private clients.</p><p><blockquote>从最表面的层面来看，Palantir是一家“数据分析公司”，它已经在国内外政府承包商名单上找到了一席之地。这已经使该公司比许多其他公司更有趣。如今，没有什么比数据增长得更快了，紧随其后的是政府支出。然而，这忽略了是什么让该公司真正与众不同，或者更具体地说，是什么让该公司获得了公共机构以及现在的私人客户的如此多的青睐。</blockquote></p><p> If we could put it into one sentence, we would say the following: Palantir walks a fine line between data analytics and consulting. Indeed, the company has some very powerful proprietary software, which we might as well call an AI, but it also has one of the most talented workforces in the world, with specific task forces being created to address the needs of each client/contract.</p><p><blockquote>如果我们可以用一句话来概括，我们会说：Palantir在数据分析和咨询之间徘徊。事实上，该公司拥有一些非常强大的专有软件，我们不妨将其看涨期权为人工智能，但它也拥有世界上最有才华的员工队伍之一，并创建了特定的工作组来满足每个客户/合同的需求。</blockquote></p><p> Think about it like a mix between McKinsey and International Business Machines (IBM). In practice, it's not enough to have a powerful computer that can find great insights. First, it has to be led in the right direction, and then those insights have to be implemented properly. And of course, once you implement new measures, these create a whole new set of variables and data, so you can rinse and repeat indefinitely.</p><p><blockquote>把它想象成麦肯锡和国际商业机器公司(IBM)的混合体。在实践中，仅仅拥有一台能够发现伟大见解的强大计算机是不够的。首先，它必须被引导到正确的方向，然后这些见解必须被正确地实施。当然，一旦你实施了新的措施，这些措施会创建一组全新的变量和数据，所以你可以无限期地冲洗和重复。</blockquote></p><p> This is what a lot of people miss about this company. Some think it just has great software, which it does, but its biggest asset, we would argue, is its \"business model\" which is powered by its workforce. Furthermore, many of those who do acknowledge the fact that Palantir relies heavily on using specialized employees to address their clients' needs point this out as a weakness rather than the great strength that it is. They would argue that Palantir has to spend a lot of money on employing people to help their clients use their product, which makes it less \"profitable\", but this is a very rudimentary understanding of the situation. It's true that it might not achieve such high margins as a traditional SaaS, but it definitely doesn't mean the company is unprofitable. Consulting firms, like McKinsey or Accenture plc (ACN), do just this, employ people to help out their clients, and they certainly don't seem to struggle to make a profit. Ultimately, a cost is justified as long as it brings sufficient value.</p><p><blockquote>这是很多人怀念这家公司的地方。有些人认为它只是拥有出色的软件，事实也的确如此，但我们认为，它最大的资产是由员工驱动的“商业模式”。此外，许多承认Palantir严重依赖使用专业员工来满足客户需求的人指出，这是一个弱点，而不是它的巨大优势。他们会争辩说，Palantir不得不花很多钱雇人来帮助他们的客户使用他们的产品，这使得它不那么“有利可图”，但这是对情况的非常初级的理解。诚然，它可能无法像传统SaaS那样实现如此高的利润率，但这绝对不意味着该公司无利可图。像麦肯锡或埃森哲公司（ACN）这样的咨询公司就是这样做的，雇佣人们来帮助他们的客户，而且他们似乎并不努力盈利。最终，只要成本带来足够的价值，它就是合理的。</blockquote></p><p> <b>Does Palantir have a \"moat\"?</b></p><p><blockquote><b>Palantir有“护城河”吗？</b></blockquote></p><p> But even if Palantir is special; does this matter? How does this set it apart from its competitors? In this regard, Palantir faces three different sets of competitors:</p><p><blockquote>但即使Palantir很特别；这有关系吗？这如何将其与竞争对手区分开来？在这方面，Palantir面临三组不同的竞争对手：</blockquote></p><p> Firstly, Palantir is competing with traditional consulting firms. Ultimately, this is what the company does, since it is working hand-in-hand with its clients to improve their operations. Consulting firms like Accenture and McKinsey do this to a certain degree, but at the moment, they lack the technical requirements and niche focus that Palantir has.</p><p><blockquote>首先，Palantir正在与传统咨询公司竞争。最终，这就是该公司所做的，因为它正在与客户携手改善他们的运营。埃森哲和麦肯锡等咨询公司在一定程度上做到了这一点，但目前，他们缺乏Palantir所具备的技术要求和利基重点。</blockquote></p><p></p><p> From a data analytics sector perspective, Palantir could be put into the same category as companies like IBM or SAP SE (SAP). These companies do indeed have the necessary resources to compete with Palantir in terms of services, but not on price. These companies have been around for too long and are way too big to be able to compete in price with Palantir. They simply cannot scale down efficiently enough.</p><p><blockquote>从数据分析行业的角度来看，Palantir可以与IBM或SAP SE(SAP)等公司归入同一类别。这些公司确实拥有在服务方面与Palantir竞争的必要资源，但不是在价格上。这些公司已经存在太久了，规模太大，无法在价格上与Palantir竞争。他们根本无法足够有效地缩小规模。</blockquote></p><p> Lastly, the company competes head-to-head with other defence contractors such as Booz Allen Hamilton Holding Corporation (BAH) and SAIC. The problem these firms have competing with Palantir is that they are not specialized enough within their offerings.</p><p><blockquote>最后，该公司与博思艾伦控股公司(BAH)和SAIC等其他国防承包商展开正面竞争。这些公司与Palantir竞争的问题是他们的产品不够专业化。</blockquote></p><p> To sum up, we would argue that Palantir's moat comes, firstly, from its business proposition. Palantir was created with a very clear idea behind it, which allowed it to be a niche company. This specialization also allows it to be more efficient, and offer clients more competitive prices.</p><p><blockquote>总而言之，我们认为Palantir的护城河首先来自于其商业主张。Palantir的创建背后有一个非常明确的想法，这使得它成为一家利基公司。这种专业化也使其更加高效，并为客户提供更具竞争力的价格。</blockquote></p><p> It is true that this business model can be copied. There is nothing stopping new companies from doing what Palantir is doing and there are some startups attempting to do this, such as&nbsp;Digital Reasoning, but bear in mind this company has only ever received $134 million in funding. What does set Palantir apart from its competitors and is something that they can't easily replicate is its workforce. Palantir spends a lot of money to find and keep the best talent in the industry. A big part of this is done through stock-based compensation, which is a hot topic&nbsp;I discussed here. In any case, Palantir has the advantage of being \"the place to be\" right now, within the industry. This popularity and recognition has increased even more since its IPO and is a key factor in attracting and retaining young talent. This talent is, ultimately, the company's biggest strength.</p><p><blockquote>诚然，这种商业模式是可以复制的。没有什么可以阻止新公司做Palantir正在做的事情，也有一些初创公司试图这样做，例如数字推理，但请记住，这家公司只获得了1.34亿美元的资金。Palantir与竞争对手的区别在于其员工队伍，这也是他们无法轻易复制的。Palantir花费大量资金寻找并留住业内最优秀的人才。其中很大一部分是通过基于股票的薪酬来完成的，这是我在这里讨论的一个热门话题。无论如何，Palantir具有目前行业内“最佳去处”的优势。自首次公开募股以来，这种受欢迎程度和认可度进一步提高，是吸引和留住年轻人才的关键因素。这种人才最终是公司最大的优势。</blockquote></p><p> <b>Addressable Market &amp; Growth Opportunities</b></p><p><blockquote><b>潜在市场和增长机会</b></blockquote></p><p> With that said, let's proceed towards analysing Palantir's TAM and Growth outlook.</p><p><blockquote>话虽如此，让我们继续分析Palantir的TAM和增长前景。</blockquote></p><p> In the sections above, we mentioned how Palantir is in a unique situation, because it is both a consulting firm and a data analytics firm, and it also has significant government contracts. Therefore, we could look at TAM from these three perspectives:</p><p><blockquote>在上面的章节中，我们提到了Palantir的独特处境，因为它既是一家咨询公司，也是一家数据分析公司，而且还拥有重要的政府合同。因此，我们可以从以下三个角度来看待TAM：</blockquote></p><p> Starting with consulting, this is perhaps the least exciting of the three areas where Palantir can grow. According to research, the \"Management Consulting Services\" industry will grow at a CAGR of 8% through 2025, which would put the industry at a size of $1201.06 billion. Granted, this is not impressive growth but it is a remarkable size. In this sense, Palantir could actually attack much of this market, which is now dominated by \"the big four\".</p><p><blockquote>从咨询开始，这可能是Palantir可以发展的三个领域中最不令人兴奋的。根据研究，到2025年，“管理咨询服务”行业将以8%的CAGR增长，这将使该行业的规模达到12010.6亿美元。诚然，这并不是令人印象深刻的增长，但它是一个非凡的规模。从这个意义上说，Palantir实际上可以攻击这个目前由“四大”主导的市场的大部分。</blockquote></p><p> From the point of view of data analytics, we have a market that, in this case, is growing very fast. According to Quince Market Insights, this segment will grow at a&nbsp;CAGR of 25% in the next 10 years. Furthermore, studies have also found that, currently, companies only analyze around&nbsp;12% of their data.This creates a massive opportunity for a company like Palantir to come in, and show these companies exactly how and why they need to analyze their data.</p><p><blockquote>从数据分析的角度来看，我们有一个增长非常快的市场。根据Quince Market Insights的数据，该细分市场在未来10年将以25%的CAGR增长。此外，研究还发现，目前，公司只分析了大约12%的数据。这为像Palantir这样的公司创造了巨大的机会，并向这些公司展示了他们需要如何以及为什么分析他们的数据。</blockquote></p><p> Lastly, since Palantir works closely with the government, it is only reasonable to believe that the more it spends, the more Palantir will make.The CBO projects&nbsp;average yearly deficits of $1.2 trillion from 2022 to 2030. This is in line with the current tendency of continued increase in public spending, but what is most encouraging is where this spending will take place:</p><p><blockquote>最后，由于Palantir与政府密切合作，因此有理由相信它花的越多，Palantir赚的就越多。CBO预计，从2022年到2030年，年均赤字为1.2万亿美元。这与目前公共开支持续增加的趋势是一致的，但最令人鼓舞的是，这项开支将会发生在何处：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8330575726862d333c1cfabc18987a50\" tg-width=\"1280\" tg-height=\"626\"><span>Source:CBO.gov</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：CBO.gov</span></p></blockquote></p><p> By 2030, the biggest item on the Federal government's expense sheet will be Major Health Care Programs, which will be equivalent to 9% of GDP. Data from the NHE also suggest that by 2028 healthcare will be a&nbsp;$6.2 trillion business.Again, this is great news for Palantir, since data analytics within the healthcare industry is a high growth area. Palantir already has clients in this area, including the&nbsp;UK's National Health System[NHS].</p><p><blockquote>到2030年，联邦政府开支单上最大的项目将是主要的医疗保健项目，这将相当于GDP的9%。NHE的数据还表明，到2028年，医疗保健业务将达到6.2万亿美元。同样，这对Palantir来说是个好消息，因为医疗保健行业的数据分析是一个高增长领域。Palantir已经在该领域拥有客户，包括英国国家卫生系统[NHS]。</blockquote></p><p> All in all, Palantir has the benefit of working within a fast-growing sector, data, but with the ability of being able to deploy their technology and workforce to solve niche applications. Given that the data analytics industry is projected to grow at 25% and that Palantir has strong government connections, we believe the company could easily achieve analysts' goal of 30% CAGR over the next 5 years.</p><p><blockquote>总而言之，Palantir的优势在于在快速增长的数据领域工作，但也有能力部署他们的技术和劳动力来解决利基应用。鉴于数据分析行业预计将增长25%，并且Palantir拥有强大的政府关系，我们相信该公司可以轻松实现分析师未来5年复合年增长率30%的目标。</blockquote></p><p> <b>Profitability Analysis</b></p><p><blockquote><b>盈利能力分析</b></blockquote></p><p></p><p> Profitability is expected to grow as revenues reach higher levels. The question that any investor would like answered is not only if this is going to be the case, but by how much. Our aim here is to make a forecast of Palantir revenues and earnings until 2030 so that we can later make a sound valuation of the stock through earnings multiples. The method used here is a combination of trendline analysis of existing financials, performances by most comparable competitors, and estimates by analysts and the company itself.</p><p><blockquote>随着收入达到更高水平，盈利能力预计将增长。任何投资者想要回答的问题不仅是这种情况是否会发生，而且会发生多少。我们的目标是预测Palantir到2030年的收入和收益，以便我们以后可以通过市盈率对该股票进行合理的估值。这里使用的方法是对现有财务状况的趋势线分析、大多数可比竞争对手的表现以及分析师和公司本身的估计的结合。</blockquote></p><p> We have already talked about the addressable market and growth prospects, now it is time to quantify the expected revenue path for Palantir. Since companies rarely sustain such high growth rates in the long run, we find that a second order polynomial trendline is often the best method to calculate this. This type of equation delivers a flatter curve than an exponential trendline, which assumes a constant growth rate. For Palantir's quarterly revenue, it is also a very good fit as you can see below. You can see the trendline along the actual revenue recorded in the last nine quarters, and a projection until 2030 Q4.</p><p><blockquote>我们已经讨论了潜在市场和增长前景，现在是时候量化Palantir的预期收入路径了。由于公司很少长期保持如此高的增长率，我们发现二阶多项式趋势线通常是计算这一点的最佳方法。这种类型的方程提供了比指数趋势线更平坦的曲线，指数趋势线假设增长率恒定。对于Palantir的季度收入来说，它也非常适合，如下所示。您可以看到过去九个季度记录的实际收入的趋势线，以及到2030年第四季度的预测。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/acada8ddc443d930e8cb4e3929b42015\" tg-width=\"515\" tg-height=\"341\"><span>Source: Author's work based on financial records. Revenue in $million. Quarters are numbered from 1 (Q1 2019) to 48 (Q4 2030)</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：作者基于财务记录的工作。收入单位为百万美元。季度编号为1（2019年第一季度）至48（2030年第四季度）</span></p></blockquote></p><p> If you apply the function above you get a forecasted yearly revenue of 11.9 billion for 2030, including $3.1 billion in Q4 of that year. This is not far from the consensus estimate for 2030 you can find on Seeking Alpha, which is $12.42 billion. According to the latest earnings call, management expects to deliver 30%+ growth at least in the next four years. To put this into perspective, a CAGR of 30% until 2030 would give a revenue of $11.5 billion. Taking the three into account, we will keep our trendline estimate of 11.9, which lies between the other two figures.</p><p><blockquote>如果你应用上面的函数，你会得到2030年的预测年收入为119亿美元，其中包括当年第四季度的31亿美元。这与Seeking Alpha上对2030年的共识估计（124.2亿美元）相差不远。根据最新的收益看涨期权，管理层预计至少在未来四年内实现30%以上的增长。从这个角度来看，到2030年，30%的复合年增长率将带来115亿美元的收入。考虑到这三者，我们将保持趋势线估计值11.9，该值位于其他两个数字之间。</blockquote></p><p> Gross margins have been improving gradually according to GAAP figures over the last nine quarters, from nearly 68% in the first quarter of 2019 to over 78% in the latest quarter. Except for an unusually bad figure in Q3 2020, which has been taken out of the equation for a smoother analysis, the gross margin as a function of revenue shows a predictable path of improvement through a linear trend, as you can see in this chart.</p><p><blockquote>根据GAAP数据，过去九个季度的毛利率一直在逐步提高，从2019年第一季度的近68%提高到最近一个季度的78%以上。除了2020年第三季度异常糟糕的数据（为了更顺利的分析，该数据已从等式中删除）外，毛利率作为收入的函数通过线性趋势显示了可预测的改善路径，如您在此图表中看到的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9094dcdd5ddbc9df1499318bf694ad7a\" tg-width=\"481\" tg-height=\"289\"><span>Source: Author's work based on financial records. Items in $million</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：作者基于财务记录的工作。项目（百万美元）</span></p></blockquote></p><p> Data excludes a figure of (289,140) from Q3 2020.</p><p><blockquote>数据不包括2020年第三季度的数字（289,140）。</blockquote></p><p> The linear equation above, with a 0.9 slope, generates a forecast where the gross margin should tend towards 90% of revenue. Applying this formula to the forecasted revenue of $11.9 billion predicts a gross margin figure of $10.6 billion for 2030.</p><p><blockquote>上面的线性方程斜率为0.9，预测毛利率应趋向于收入的90%。将此公式应用于119亿美元的预测收入，预计2030年的毛利率为106亿美元。</blockquote></p><p> In order to transform gross margins into net income, so that we can make a valuation based on an earnings multiple, we will look at one of Palantir's comparables, discussed&nbsp;in a previous article, Cognizant (NASDAQ:CTSH). The reason for using Cognizant is that not only is the activity they carry out similar but it is also an example of a profitable pier with a fairly consistent earnings margin, and with debt and gross margin volumes comparable to the ones we are predicting for Palantir.</p><p><blockquote>为了将毛利率转化为净利润，以便我们可以根据市盈率进行估值，我们将研究Palantir的可比公司之一，如上一篇文章中所讨论的，Cognizant（纳斯达克股票代码：CTSH）。使用Cognizant的原因是，他们开展的活动不仅相似，而且它也是一个盈利码头的例子，利润率相当稳定，债务和毛利率与我们对Palantir的预测相当。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7effd28b7de277b78a107d14608164ff\" tg-width=\"481\" tg-height=\"289\"><span>Source: Author's work.</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：作者作品。</span></p></blockquote></p><p> With gross margins stable at around 6 billion in recent years, CTSH has maintained a healthy level of net income, ranging from 22% to 35% of gross profits. To make a fair estimate, we will assume the average percentage through the 10-year period, which is 30.61% of gross profit. We will also assume that Palantir achieves that level in 2030, with a gradual increase of the percentage until then.</p><p><blockquote>近年来毛利率稳定在60亿左右，CTSH净利润保持在健康水平，占毛利润的22%至35%不等。为了做出公平的估计，我们将假设10年期间的平均百分比，即毛利的30.61%。我们还假设Palantir将在2030年达到这一水平，并在此之前逐步增加百分比。</blockquote></p><p> This completes our revenue and earnings estimates for Palantir in 2030, reaching 11.9 billion revenue, $10.6 billion gross margin, and $3.3 billion net income.</p><p><blockquote>这完成了我们对Palantir 2030年收入和盈利的预测，收入达到119亿美元，毛利率达到106亿美元，净利润达到33亿美元。</blockquote></p><p> <table>  <tbody>   <tr>    <td>Year</p><p><blockquote><table><tbody><tr><td>年</td></tr></tbody></table></blockquote></p><p></td>    <td>2021</p><p><blockquote><td>2021</td></blockquote></p><p></td>    <td>2022</p><p><blockquote><td>2022</td></blockquote></p><p></td>    <td>2023</p><p><blockquote><td>2023</td></blockquote></p><p></td>    <td>2024</p><p><blockquote><td>2024</td></blockquote></p><p></td>    <td>2025</p><p><blockquote><td>2025</td></blockquote></p><p></td>    <td>2026</p><p><blockquote><td>2026</td></blockquote></p><p></td>    <td>2027</p><p><blockquote><td>2027</td></blockquote></p><p></td>    <td>2028</p><p><blockquote><td>2028</td></blockquote></p><p></td>    <td>2029</p><p><blockquote><td>2029</td></blockquote></p><p></td>    <td>2030</p><p><blockquote><td>2030</td></blockquote></p><p></td>   </tr>   <tr>    <td>Reven.</p><p><blockquote><tr><td>雷文。</td></tr></blockquote></p><p></td>    <td>1,581</p><p><blockquote><td>1,581</td></blockquote></p><p></td>    <td>2,196</p><p><blockquote><td>2,196</td></blockquote></p><p></td>    <td>2,942</p><p><blockquote><td>2,942</td></blockquote></p><p></td>    <td>3,820</p><p><blockquote><td>3,820</td></blockquote></p><p></td>    <td>4,830</p><p><blockquote><td>4,830</td></blockquote></p><p></td>    <td>5,972</p><p><blockquote><td>5,972</td></blockquote></p><p></td>    <td>7,245</p><p><blockquote><td>7,245</td></blockquote></p><p></td>    <td>8,650</p><p><blockquote><td>8,650</td></blockquote></p><p></td>    <td>10,188</p><p><blockquote><td>10,188</td></blockquote></p><p></td>    <td>11,856</p><p><blockquote><td>11,856</td></blockquote></p><p></td>   </tr>   <tr>    <td>Gross Profit</p><p><blockquote><tr><td>毛利</td></tr></blockquote></p><p></td>    <td>1,382</p><p><blockquote><td>1,382</td></blockquote></p><p></td>    <td>1,936</p><p><blockquote><td>1,936</td></blockquote></p><p></td>    <td>2,608</p><p><blockquote><td>2,608</td></blockquote></p><p></td>    <td>3,399</p><p><blockquote><td>3,399</td></blockquote></p><p></td>    <td>4,309</p><p><blockquote><td>4,309</td></blockquote></p><p></td>    <td>5,338</p><p><blockquote><td>5,338</td></blockquote></p><p></td>    <td>6,485</p><p><blockquote><td>6,485</td></blockquote></p><p></td>    <td>7,751</p><p><blockquote><td>7,751</td></blockquote></p><p></td>    <td>9,136</p><p><blockquote><td>9,136</td></blockquote></p><p></td>    <td>10,639</p><p><blockquote><td>10,639</td></blockquote></p><p></p><p></td>   </tr>   <tr>    <td>Net Income</p><p><blockquote><tr><td>净收入</td></tr></blockquote></p><p></td>    <td>42</p><p><blockquote><td>42</td></blockquote></p><p></td>    <td>119</p><p><blockquote><td>119</td></blockquote></p><p></td>    <td>240</p><p><blockquote><td>240</td></blockquote></p><p></td>    <td>416</p><p><blockquote><td>416</td></blockquote></p><p></td>    <td>660</p><p><blockquote><td>660</td></blockquote></p><p></td>    <td>980</p><p><blockquote><td>980</td></blockquote></p><p></td>    <td>1,390</p><p><blockquote><td>1,390</td></blockquote></p><p></td>    <td>1,898</p><p><blockquote><td>1,898</td></blockquote></p><p></td>    <td>2,517</p><p><blockquote><td>2,517</td></blockquote></p><p></td>    <td>3,257</p><p><blockquote><td>3,257</td></blockquote></p><p></td>   </tr>  </tbody> </table> Source: Author's work. Items in $millions.</p><p><blockquote>来源：作者作品。百万美元的项目。</blockquote></p><p> <b>Valuation</b></p><p><blockquote><b>估值</b></blockquote></p><p> Having forecasted revenues and earnings, we are prepared to estimate a path for Palantir's stock price. In order to do this, we need to also look into financing through equity and how the dilution will affect share prices. We are going to continue using the 2030 horizon as the timeframe.</p><p><blockquote>预测收入和盈利后，我们准备估计Palantir股价的走势。为了做到这一点，我们还需要研究通过股权融资以及稀释将如何影响股价。我们将继续使用2030年作为时间框架。</blockquote></p><p> First, we will create an estimate for market capitalization based on the current sector median earnings multiple, and then we will make a forecast for the dilution. The current GAAP TTM Price/earnings ratio for the sector is 33.94. The assumption here is that as Palantir becomes profitable, its valuation should approach this multiple and be fairly valued for its earnings. Based on the earnings we forecasted and the 33.94 PE ratio, we get the following estimated market capitalizations:</p><p><blockquote>首先，我们将根据当前行业市盈率中位数对市值进行估计，然后对稀释进行预测。该行业目前的GAAP TTM市盈率为33.94。这里的假设是，随着Palantir实现盈利，其估值应接近该倍数，并且其盈利估值合理。根据我们预测的盈利和33.94的市盈率，我们得到以下估计市值：</blockquote></p><p> <table>  <tbody>   <tr>    <td>Year</p><p><blockquote><table><tbody><tr><td>年</td></tr></tbody></table></blockquote></p><p></td>    <td>2021</p><p><blockquote><td>2021</td></blockquote></p><p></td>    <td>2022</p><p><blockquote><td>2022</td></blockquote></p><p></td>    <td>2023</p><p><blockquote><td>2023</td></blockquote></p><p></td>    <td>2024</p><p><blockquote><td>2024</td></blockquote></p><p></td>    <td>2025</p><p><blockquote><td>2025</td></blockquote></p><p></td>    <td>2026</p><p><blockquote><td>2026</td></blockquote></p><p></td>    <td>2027</p><p><blockquote><td>2027</td></blockquote></p><p></td>    <td>2028</p><p><blockquote><td>2028</td></blockquote></p><p></td>    <td>2029</p><p><blockquote><td>2029</td></blockquote></p><p></td>    <td>2030</p><p><blockquote><td>2030</td></blockquote></p><p></td>   </tr>   <tr>    <td>Net Inc.</p><p><blockquote><tr><td>网络公司。</td></tr></blockquote></p><p></td>    <td>42</p><p><blockquote><td>42</td></blockquote></p><p></td>    <td>119</p><p><blockquote><td>119</td></blockquote></p><p></td>    <td>240</p><p><blockquote><td>240</td></blockquote></p><p></td>    <td>416</p><p><blockquote><td>416</td></blockquote></p><p></td>    <td>660</p><p><blockquote><td>660</td></blockquote></p><p></td>    <td>980</p><p><blockquote><td>980</td></blockquote></p><p></td>    <td>1,390</p><p><blockquote><td>1,390</td></blockquote></p><p></td>    <td>1,898</p><p><blockquote><td>1,898</td></blockquote></p><p></td>    <td>2,517</p><p><blockquote><td>2,517</td></blockquote></p><p></td>    <td>3,257</p><p><blockquote><td>3,257</td></blockquote></p><p></td>   </tr>   <tr>    <td>Mkt. Cap [PE]</p><p><blockquote><tr><td>市场。帽[PE]</td></tr></blockquote></p><p></td>    <td>1,436</p><p><blockquote><td>1,436</td></blockquote></p><p></td>    <td>4,023</p><p><blockquote><td>4,023</td></blockquote></p><p></td>    <td>8,129</p><p><blockquote><td>8,129</td></blockquote></p><p></td>    <td>14,126</p><p><blockquote><td>14,126</td></blockquote></p><p></td>    <td>22,384</p><p><blockquote><td>22,384</td></blockquote></p><p></td>    <td>33,272</p><p><blockquote><td>33,272</td></blockquote></p><p></td>    <td>47,160</p><p><blockquote><td>47,160</td></blockquote></p><p></td>    <td>64,420</p><p><blockquote><td>64,420</td></blockquote></p><p></td>    <td>85,421</p><p><blockquote><td>85,421</td></blockquote></p><p></td>    <td>110,532</p><p><blockquote><td>110,532</td></blockquote></p><p></td>   </tr>  </tbody> </table> Source: Author's work. Items in $millions.</p><p><blockquote>来源：作者作品。百万美元的项目。</blockquote></p><p> As you can see, the current market capitalization of slightly over $50 billion wouldn't be justified by earnings until after 2027, reaching a level of $111 billion by 2030. This represents a CAGR of just 8.57%, before we take dilution into account.</p><p><blockquote>正如您所看到的，目前略高于500亿美元的市值要到2027年之后才能被盈利证明是合理的，到2030年将达到1110亿美元的水平。在我们考虑稀释之前，这意味着复合年增长率仅为8.57%。</blockquote></p><p> In order to predict how the number of common shares is likely to evolve over these years, we have made a forecast of the book value based on revenue, assuming the balance sheet maintains a similar structure relative to the volume of operations. If we look at the last four quarters, we have a fairly consistent linear pattern of how book value has increased with quarterly revenue, as you can see below.</p><p><blockquote>为了预测这些年普通股数量可能如何演变，我们根据收入对账面价值进行了预测，假设资产负债表相对于业务量保持类似的结构。如果我们看看过去四个季度，我们会发现账面价值随季度收入增长的线性模式相当一致，如下所示。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9066505bd8b5fce4ebf0d4f538a4bafe\" tg-width=\"481\" tg-height=\"289\"><span>Source: Author's work based on financial records. Items in $million</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：作者基于财务记录的工作。项目（百万美元）</span></p></blockquote></p><p> Applying this equation, with a revenue of $3.1 billion in Q4 2030, as per our previous forecast, the book value should rise to $34.2 billion. If we take into account the current book value of 1.8 billion and the accumulated net income we have already forecasted for the whole period, which is $11.5 billion, we estimate that an additional $20.9 billion of funding through new equity will be required. At the current share price of $27.37, this would mean 739 million additional common shares by the end of 2030. Added to the current 1.8 billion outstanding, the total is 2.6 billion common shares. Applying the $111 billion market capitalization we have forecasted, the resulting target price for the end of 2030 is $41.87. You can see a summary of these figures below.</p><p><blockquote>应用这个等式，根据我们之前的预测，2030年第四季度的收入为31亿美元，账面价值应升至342亿美元。如果我们考虑到当前18亿美元的账面价值以及我们已经预测的整个期间的累计净利润115亿美元，我们估计将需要通过新股权额外筹集209亿美元的资金。按照目前27.37美元的股价计算，这意味着到2030年底将增加7.39亿股普通股。加上目前已发行的18亿股，普通股总数为26亿股。应用我们预测的1110亿美元市值，2030年底的目标价为41.87美元。您可以在下面看到这些数字的摘要。</blockquote></p><p> <table>  <tbody>   <tr>    <td>Concept</p><p><blockquote><table><tbody><tr><td>概念</td></tr></tbody></table></blockquote></p><p></td>    <td>Amount</p><p><blockquote><td>数量</td></blockquote></p><p></td>   </tr>   <tr>    <td>Revenue Q4 2030</p><p><blockquote><tr><td>2030年第四季度收入</td></tr></blockquote></p><p></td>    <td>3,128</p><p><blockquote><td>3,128</td></blockquote></p><p></td>   </tr>   <tr>    <td>Book Value Q4 2030</p><p><blockquote><tr><td>2030年第四季度账面价值</td></tr></blockquote></p><p></td>    <td>34,212</p><p><blockquote><td>34,212</td></blockquote></p><p></td>   </tr>   <tr>    <td>Book Value Q1 2021</p><p><blockquote><tr><td>2021年第一季度账面价值</td></tr></blockquote></p><p></td>    <td>1,806</p><p><blockquote><td>1,806</td></blockquote></p><p></td>   </tr>   <tr>    <td>Acc. Net Income Q2 2021-Q4 2030</p><p><blockquote><tr><td>Acc.2021年第二季度-2030年第四季度净利润</td></tr></blockquote></p><p></td>    <td>11,517</p><p><blockquote><td>11,517</td></blockquote></p><p></td>   </tr>   <tr>    <td>Financing from new equity</p><p><blockquote><tr><td>新增股权融资</td></tr></blockquote></p><p></td>    <td>20,889</p><p><blockquote><td>20,889</td></blockquote></p><p></td>   </tr>   <tr>    <td>Current Share Price</p><p><blockquote><tr><td>当前股价</td></tr></blockquote></p><p></td>    <td>$ 27.37</p><p><blockquote><td>$27.37</td></blockquote></p><p></td>   </tr>   <tr>    <td>New shares required</p><p><blockquote><tr><td>所需新股</td></tr></blockquote></p><p></td>    <td>763</p><p><blockquote><td>763</td></blockquote></p><p></td>   </tr>   <tr>    <td>Market cap 2030 Q4</p><p><blockquote><tr><td>2030年第四季度市值</td></tr></blockquote></p><p></td>    <td>110,532</p><p><blockquote><td>110,532</td></blockquote></p><p></td>   </tr>   <tr>    <td>Nº Shares 2030 Q4 (millions)</p><p><blockquote><tr><td>2030年第四季度股数（百万）</td></tr></blockquote></p><p></td>    <td>2,640</p><p><blockquote><td>2,640</td></blockquote></p><p></td>   </tr>   <tr>    <td>Target Price 2030 Q4</p><p><blockquote><tr><td>2030年第四季度目标价</td></tr></blockquote></p><p></td>    <td>$ 41.87</p><p><blockquote><td>$41.87</td></blockquote></p><p></td>   </tr>   <tr>    <td>CAGR</p><p><blockquote><tr><td>CAGR</td></tr></blockquote></p><p></td>    <td>4.58%</p><p><blockquote><td>4.58%</td></blockquote></p><p></td>   </tr>  </tbody> </table> Source: Author's work. Monetary items in $millions, except per share items, nº of shares in millions.</p><p><blockquote>来源：作者作品。货币项目以百万美元为单位，每股项目除外，股份数量以百万为单位。</blockquote></p><p> As you can see, the expected CAGR for Palantir's stock price as per our forecasted fair value at the end of 2030 is just 4.58%. If we were to require, say, a 10% return, which is more reasonable for a growth stock, the fair price today would be $16.93, 38% lower than the current price.</p><p><blockquote>如您所见，根据我们预测的2030年底公允价值，Palantir股价的预期复合年增长率仅为4.58%。如果我们要求10%的回报率（这对于成长型股票来说更合理），那么今天的公平价格将是16.93美元，比当前价格低38%。</blockquote></p><p> <b>Risks</b></p><p><blockquote><b>风险</b></blockquote></p><p></p><p> Having said all this, we also have to mention some particular challenges that a company like Palantir faces. The most significant of these would relate to how the company has to manage its image in a world where privacy is becoming \"taboo\".</p><p><blockquote>说了这么多，我们还必须提到像Palantir这样的公司面临的一些特殊挑战。其中最重要的是，在一个隐私正成为“禁忌”的世界里，该公司必须如何管理自己的形象。</blockquote></p><p> Palantir is a company that, on many levels, has a lot of power, which can be both a blessing and a curse. The company has to be very careful with its data to avoid any events that could damage its reputation, which it needs in order to survive. Think, for example, Edward Snowden, who before becoming one of the most wanted men in the world was working for Booz Allen. What would happen if the next whistleblower came from within Palantir's ranks?</p><p><blockquote>Palantir是一家在很多层面上都拥有巨大权力的公司，这既可能是福也可能是祸。该公司必须非常小心地处理其数据，以避免任何可能损害其声誉的事件，而这是其生存所必需的。以爱德华·斯诺登为例，他在成为世界头号通缉犯之一之前曾在博思艾伦工作。如果下一个举报人来自Palantir内部会发生什么？</blockquote></p><p> On top of that, Palantir is also facing resistance from organizations abroad. For example, there is currently a campaign in the UK trying to stop Palantir fromworking with the NHS. It's understandable that some people may not want their medical data to be handled by a foreign company, even if it is from an allied country.</p><p><blockquote>除此之外，Palantir还面临着来自海外组织的阻力。例如，目前英国有一场运动试图阻止Palantir与NHS合作。可以理解的是，有些人可能不希望他们的医疗数据由外国公司处理，即使它来自盟国。</blockquote></p><p> Ultimately, these are very particular challenges that Palantir faces. Its growth could be hampered if people or even the government start to think the company is \"too powerful\". Furthermore, if anything happened to damage the company's reputation, Palantir could be finished overnight. Of course, this is why the company invests so heavily in its workforce. But will it be enough?</p><p><blockquote>最终，这些都是Palantir面临的非常特殊的挑战。如果人们甚至政府开始认为该公司“过于强大”，其增长可能会受到阻碍。此外，如果发生任何损害公司声誉的事情，Palantir可能会在一夜之间被终结。当然，这也是公司在员工方面投入如此之多的原因。但这就够了吗？</blockquote></p><p> <b>Takeaway</b></p><p><blockquote><b>外卖</b></blockquote></p><p> In conclusion, we believe Palantir is qualitatively a great company. They operate in a niche market with a lot of growth potential. On top of that, Palantir has one of the best technologies and workforces in the market right now, but this is not enough. Even with double-digit growth and assuming a steady path towards profitability, Palantir seems way too expensive today to provide investors with good returns. A great company doesn't always make a great investment, and we feel this is the case with Palantir.</p><p><blockquote>总之，我们相信Palantir在质量上是一家伟大的公司。他们在一个具有巨大增长潜力的利基市场运营。最重要的是，Palantir拥有目前市场上最好的技术和劳动力之一，但这还不够。即使Palantir实现了两位数的增长并稳步实现盈利，但如今的Palantir似乎过于昂贵，无法为投资者提供良好的回报。一家伟大的公司并不总是做出伟大的投资，我们认为Palantir就是这种情况。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4437458-palantir-great-company-bad-investment\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4437458-palantir-great-company-bad-investment","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115821085","content_text":"Summary\n\nPalantir holds a unique place in the market and has a significant moat around this business.\nHaving said this, even under optimistic assumptions, Palantir looks overvalued.\nFurthermore, Palantir faces a unique and hard to control set of challenges.\n\nMaria Marganingsih/iStock via Getty Images\nThesis Summary\nPalantir Technologies Inc. (PLTR) is, by many accounts, an outstanding company. We believe that Palantir occupies a niche spot in the market, and has built a moat around its business thanks to its technology and workforce.\nWe have derived a valuation for Palantir using trend analysis and comparables, with a 2030 horizon, where we tackle mainly profitability and equity dilution. Although our target price for that year is nearly $42 per share, this only represents a 4.6% annual growth rate from the current price.\nUltimately, though Palantir is a great business, the current price does not offer investors attractive returns.\nWhat makes Palantir special?\nPalantir seems to be one of the most popular stocks to talk about in the last few months. The company, which has been around since 2003, but IPO'd only eight and a half months ago, is followed closely by both hawkish bears and delighted bulls. But why? What exactly makes Palantir so special?\nThe bears would point out nothing, and while I do agree that, oftentimes, unwarranted hype is created around buzzwords like \"data\", I will argue here that Palantir is special. This is important because it puts Palantir in a great situation in terms of the competitive landscape and growth opportunities. However, it also creates a very particular set of \"risks\" and challenges for the company.\nOn the most superficial level, Palantir is a \"data analytics company\", which has found itself a nice spot on the list of government contractors, both domestic and abroad. This already makes the company more interesting than many others. There is nothing today growing faster than data, and at close second we could put government spending. However, this misses the point of what actually makes the company special, or, more specifically, what has allowed the company to gain so much favour with public institutions, and now private clients.\nIf we could put it into one sentence, we would say the following: Palantir walks a fine line between data analytics and consulting. Indeed, the company has some very powerful proprietary software, which we might as well call an AI, but it also has one of the most talented workforces in the world, with specific task forces being created to address the needs of each client/contract.\nThink about it like a mix between McKinsey and International Business Machines (IBM). In practice, it's not enough to have a powerful computer that can find great insights. First, it has to be led in the right direction, and then those insights have to be implemented properly. And of course, once you implement new measures, these create a whole new set of variables and data, so you can rinse and repeat indefinitely.\nThis is what a lot of people miss about this company. Some think it just has great software, which it does, but its biggest asset, we would argue, is its \"business model\" which is powered by its workforce. Furthermore, many of those who do acknowledge the fact that Palantir relies heavily on using specialized employees to address their clients' needs point this out as a weakness rather than the great strength that it is. They would argue that Palantir has to spend a lot of money on employing people to help their clients use their product, which makes it less \"profitable\", but this is a very rudimentary understanding of the situation. It's true that it might not achieve such high margins as a traditional SaaS, but it definitely doesn't mean the company is unprofitable. Consulting firms, like McKinsey or Accenture plc (ACN), do just this, employ people to help out their clients, and they certainly don't seem to struggle to make a profit. Ultimately, a cost is justified as long as it brings sufficient value.\nDoes Palantir have a \"moat\"?\nBut even if Palantir is special; does this matter? How does this set it apart from its competitors? In this regard, Palantir faces three different sets of competitors:\nFirstly, Palantir is competing with traditional consulting firms. Ultimately, this is what the company does, since it is working hand-in-hand with its clients to improve their operations. Consulting firms like Accenture and McKinsey do this to a certain degree, but at the moment, they lack the technical requirements and niche focus that Palantir has.\nFrom a data analytics sector perspective, Palantir could be put into the same category as companies like IBM or SAP SE (SAP). These companies do indeed have the necessary resources to compete with Palantir in terms of services, but not on price. These companies have been around for too long and are way too big to be able to compete in price with Palantir. They simply cannot scale down efficiently enough.\nLastly, the company competes head-to-head with other defence contractors such as Booz Allen Hamilton Holding Corporation (BAH) and SAIC. The problem these firms have competing with Palantir is that they are not specialized enough within their offerings.\nTo sum up, we would argue that Palantir's moat comes, firstly, from its business proposition. Palantir was created with a very clear idea behind it, which allowed it to be a niche company. This specialization also allows it to be more efficient, and offer clients more competitive prices.\nIt is true that this business model can be copied. There is nothing stopping new companies from doing what Palantir is doing and there are some startups attempting to do this, such as Digital Reasoning, but bear in mind this company has only ever received $134 million in funding. What does set Palantir apart from its competitors and is something that they can't easily replicate is its workforce. Palantir spends a lot of money to find and keep the best talent in the industry. A big part of this is done through stock-based compensation, which is a hot topic I discussed here. In any case, Palantir has the advantage of being \"the place to be\" right now, within the industry. This popularity and recognition has increased even more since its IPO and is a key factor in attracting and retaining young talent. This talent is, ultimately, the company's biggest strength.\nAddressable Market & Growth Opportunities\nWith that said, let's proceed towards analysing Palantir's TAM and Growth outlook.\nIn the sections above, we mentioned how Palantir is in a unique situation, because it is both a consulting firm and a data analytics firm, and it also has significant government contracts. Therefore, we could look at TAM from these three perspectives:\nStarting with consulting, this is perhaps the least exciting of the three areas where Palantir can grow. According to research, the \"Management Consulting Services\" industry will grow at a CAGR of 8% through 2025, which would put the industry at a size of $1201.06 billion. Granted, this is not impressive growth but it is a remarkable size. In this sense, Palantir could actually attack much of this market, which is now dominated by \"the big four\".\nFrom the point of view of data analytics, we have a market that, in this case, is growing very fast. According to Quince Market Insights, this segment will grow at a CAGR of 25% in the next 10 years. Furthermore, studies have also found that, currently, companies only analyze around 12% of their data.This creates a massive opportunity for a company like Palantir to come in, and show these companies exactly how and why they need to analyze their data.\nLastly, since Palantir works closely with the government, it is only reasonable to believe that the more it spends, the more Palantir will make.The CBO projects average yearly deficits of $1.2 trillion from 2022 to 2030. This is in line with the current tendency of continued increase in public spending, but what is most encouraging is where this spending will take place:\nSource:CBO.gov\nBy 2030, the biggest item on the Federal government's expense sheet will be Major Health Care Programs, which will be equivalent to 9% of GDP. Data from the NHE also suggest that by 2028 healthcare will be a $6.2 trillion business.Again, this is great news for Palantir, since data analytics within the healthcare industry is a high growth area. Palantir already has clients in this area, including the UK's National Health System[NHS].\nAll in all, Palantir has the benefit of working within a fast-growing sector, data, but with the ability of being able to deploy their technology and workforce to solve niche applications. Given that the data analytics industry is projected to grow at 25% and that Palantir has strong government connections, we believe the company could easily achieve analysts' goal of 30% CAGR over the next 5 years.\nProfitability Analysis\nProfitability is expected to grow as revenues reach higher levels. The question that any investor would like answered is not only if this is going to be the case, but by how much. Our aim here is to make a forecast of Palantir revenues and earnings until 2030 so that we can later make a sound valuation of the stock through earnings multiples. The method used here is a combination of trendline analysis of existing financials, performances by most comparable competitors, and estimates by analysts and the company itself.\nWe have already talked about the addressable market and growth prospects, now it is time to quantify the expected revenue path for Palantir. Since companies rarely sustain such high growth rates in the long run, we find that a second order polynomial trendline is often the best method to calculate this. This type of equation delivers a flatter curve than an exponential trendline, which assumes a constant growth rate. For Palantir's quarterly revenue, it is also a very good fit as you can see below. You can see the trendline along the actual revenue recorded in the last nine quarters, and a projection until 2030 Q4.\nSource: Author's work based on financial records. Revenue in $million. Quarters are numbered from 1 (Q1 2019) to 48 (Q4 2030)\nIf you apply the function above you get a forecasted yearly revenue of 11.9 billion for 2030, including $3.1 billion in Q4 of that year. This is not far from the consensus estimate for 2030 you can find on Seeking Alpha, which is $12.42 billion. According to the latest earnings call, management expects to deliver 30%+ growth at least in the next four years. To put this into perspective, a CAGR of 30% until 2030 would give a revenue of $11.5 billion. Taking the three into account, we will keep our trendline estimate of 11.9, which lies between the other two figures.\nGross margins have been improving gradually according to GAAP figures over the last nine quarters, from nearly 68% in the first quarter of 2019 to over 78% in the latest quarter. Except for an unusually bad figure in Q3 2020, which has been taken out of the equation for a smoother analysis, the gross margin as a function of revenue shows a predictable path of improvement through a linear trend, as you can see in this chart.\nSource: Author's work based on financial records. Items in $million\nData excludes a figure of (289,140) from Q3 2020.\nThe linear equation above, with a 0.9 slope, generates a forecast where the gross margin should tend towards 90% of revenue. Applying this formula to the forecasted revenue of $11.9 billion predicts a gross margin figure of $10.6 billion for 2030.\nIn order to transform gross margins into net income, so that we can make a valuation based on an earnings multiple, we will look at one of Palantir's comparables, discussed in a previous article, Cognizant (NASDAQ:CTSH). The reason for using Cognizant is that not only is the activity they carry out similar but it is also an example of a profitable pier with a fairly consistent earnings margin, and with debt and gross margin volumes comparable to the ones we are predicting for Palantir.\nSource: Author's work.\nWith gross margins stable at around 6 billion in recent years, CTSH has maintained a healthy level of net income, ranging from 22% to 35% of gross profits. To make a fair estimate, we will assume the average percentage through the 10-year period, which is 30.61% of gross profit. We will also assume that Palantir achieves that level in 2030, with a gradual increase of the percentage until then.\nThis completes our revenue and earnings estimates for Palantir in 2030, reaching 11.9 billion revenue, $10.6 billion gross margin, and $3.3 billion net income.\n\n\n\nYear\n2021\n2022\n2023\n2024\n2025\n2026\n2027\n2028\n2029\n2030\n\n\nReven.\n1,581\n2,196\n2,942\n3,820\n4,830\n5,972\n7,245\n8,650\n10,188\n11,856\n\n\nGross Profit\n1,382\n1,936\n2,608\n3,399\n4,309\n5,338\n6,485\n7,751\n9,136\n10,639\n\n\nNet Income\n42\n119\n240\n416\n660\n980\n1,390\n1,898\n2,517\n3,257\n\n\n\nSource: Author's work. Items in $millions.\nValuation\nHaving forecasted revenues and earnings, we are prepared to estimate a path for Palantir's stock price. In order to do this, we need to also look into financing through equity and how the dilution will affect share prices. We are going to continue using the 2030 horizon as the timeframe.\nFirst, we will create an estimate for market capitalization based on the current sector median earnings multiple, and then we will make a forecast for the dilution. The current GAAP TTM Price/earnings ratio for the sector is 33.94. The assumption here is that as Palantir becomes profitable, its valuation should approach this multiple and be fairly valued for its earnings. Based on the earnings we forecasted and the 33.94 PE ratio, we get the following estimated market capitalizations:\n\n\n\nYear\n2021\n2022\n2023\n2024\n2025\n2026\n2027\n2028\n2029\n2030\n\n\nNet Inc.\n42\n119\n240\n416\n660\n980\n1,390\n1,898\n2,517\n3,257\n\n\nMkt. Cap [PE]\n1,436\n4,023\n8,129\n14,126\n22,384\n33,272\n47,160\n64,420\n85,421\n110,532\n\n\n\nSource: Author's work. Items in $millions.\nAs you can see, the current market capitalization of slightly over $50 billion wouldn't be justified by earnings until after 2027, reaching a level of $111 billion by 2030. This represents a CAGR of just 8.57%, before we take dilution into account.\nIn order to predict how the number of common shares is likely to evolve over these years, we have made a forecast of the book value based on revenue, assuming the balance sheet maintains a similar structure relative to the volume of operations. If we look at the last four quarters, we have a fairly consistent linear pattern of how book value has increased with quarterly revenue, as you can see below.\nSource: Author's work based on financial records. Items in $million\nApplying this equation, with a revenue of $3.1 billion in Q4 2030, as per our previous forecast, the book value should rise to $34.2 billion. If we take into account the current book value of 1.8 billion and the accumulated net income we have already forecasted for the whole period, which is $11.5 billion, we estimate that an additional $20.9 billion of funding through new equity will be required. At the current share price of $27.37, this would mean 739 million additional common shares by the end of 2030. Added to the current 1.8 billion outstanding, the total is 2.6 billion common shares. Applying the $111 billion market capitalization we have forecasted, the resulting target price for the end of 2030 is $41.87. You can see a summary of these figures below.\n\n\n\nConcept\nAmount\n\n\nRevenue Q4 2030\n3,128\n\n\nBook Value Q4 2030\n34,212\n\n\nBook Value Q1 2021\n1,806\n\n\nAcc. Net Income Q2 2021-Q4 2030\n11,517\n\n\nFinancing from new equity\n20,889\n\n\nCurrent Share Price\n$ 27.37\n\n\nNew shares required\n763\n\n\nMarket cap 2030 Q4\n110,532\n\n\nNº Shares 2030 Q4 (millions)\n2,640\n\n\nTarget Price 2030 Q4\n$ 41.87\n\n\nCAGR\n4.58%\n\n\n\nSource: Author's work. Monetary items in $millions, except per share items, nº of shares in millions.\nAs you can see, the expected CAGR for Palantir's stock price as per our forecasted fair value at the end of 2030 is just 4.58%. If we were to require, say, a 10% return, which is more reasonable for a growth stock, the fair price today would be $16.93, 38% lower than the current price.\nRisks\nHaving said all this, we also have to mention some particular challenges that a company like Palantir faces. The most significant of these would relate to how the company has to manage its image in a world where privacy is becoming \"taboo\".\nPalantir is a company that, on many levels, has a lot of power, which can be both a blessing and a curse. The company has to be very careful with its data to avoid any events that could damage its reputation, which it needs in order to survive. Think, for example, Edward Snowden, who before becoming one of the most wanted men in the world was working for Booz Allen. What would happen if the next whistleblower came from within Palantir's ranks?\nOn top of that, Palantir is also facing resistance from organizations abroad. For example, there is currently a campaign in the UK trying to stop Palantir fromworking with the NHS. It's understandable that some people may not want their medical data to be handled by a foreign company, even if it is from an allied country.\nUltimately, these are very particular challenges that Palantir faces. Its growth could be hampered if people or even the government start to think the company is \"too powerful\". Furthermore, if anything happened to damage the company's reputation, Palantir could be finished overnight. Of course, this is why the company invests so heavily in its workforce. But will it be enough?\nTakeaway\nIn conclusion, we believe Palantir is qualitatively a great company. They operate in a niche market with a lot of growth potential. On top of that, Palantir has one of the best technologies and workforces in the market right now, but this is not enough. Even with double-digit growth and assuming a steady path towards profitability, Palantir seems way too expensive today to provide investors with good returns. A great company doesn't always make a great investment, and we feel this is the case with Palantir.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":820,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140677170,"gmtCreate":1625658242290,"gmtModify":1631885482163,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Want to be rich now is the time, it will go to $300 at least on&nbsp;next August&nbsp;ER, my prediction will be on September -&nbsp;it will go beyond $400. Time to HUAT !&nbsp;","listText":"Want to be rich now is the time, it will go to $300 at least on&nbsp;next August&nbsp;ER, my prediction will be on September -&nbsp;it will go beyond $400. Time to HUAT !&nbsp;","text":"Want to be rich now is the time, it will go to $300 at least on next August ER, my prediction will be on September - it will go beyond $400. Time to HUAT !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/140677170","repostId":"2149394272","repostType":2,"isVote":1,"tweetType":1,"viewCount":704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157068326,"gmtCreate":1625554713865,"gmtModify":1631884614003,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Newbie&nbsp;analysts gg. Load up coinbase now u will be HUGELY rewarded by August earnings report at least a 20% profit, projected 20-40%.&nbsp;&nbsp;","listText":"Newbie&nbsp;analysts gg. Load up coinbase now u will be HUGELY rewarded by August earnings report at least a 20% profit, projected 20-40%.&nbsp;&nbsp;","text":"Newbie analysts gg. Load up coinbase now u will be HUGELY rewarded by August earnings report at least a 20% profit, projected 20-40%.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/157068326","repostId":"1164348327","repostType":2,"repost":{"id":"1164348327","kind":"news","pubTimestamp":1625535165,"share":"https://www.laohu8.com/m/news/1164348327?lang=zh_CN&edition=full","pubTime":"2021-07-06 09:32","market":"us","language":"en","title":"5 Ultra-Popular Stocks to Avoid Like the Plague in July<blockquote>7月份要像瘟疫一样避开的5只超热门股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1164348327","media":"The motley fool","summary":"For the past 15 months, Wall Street and investors have enjoyed a historic bounce-back rally. The ben","content":"<p>For the past 15 months, Wall Street and investors have enjoyed a historic bounce-back rally. The benchmark<b>S&amp;P 500</b>has gained more than 90% since hitting its bear-market bottom on March 23, 2020.</p><p><blockquote>在过去的15个月里，华尔街和投资者享受了历史性的反弹。基准<b>标普500</b>自2020年3月23日触及熊市底部以来，已上涨超过90%。</blockquote></p><p> While a number of high-quality and innovative businesses have led this rally, it's also allowed quite a few terrible companies to thrive. It's my suggestion that the following five ultra-popular stocks be avoided like the plague in July.</p><p><blockquote>虽然许多高质量和创新的企业引领了这场反弹，但它也让相当多糟糕的公司蓬勃发展。我建议像七月瘟疫一样避开以下五只超受欢迎的股票。</blockquote></p><p> Coinbase Global</p><p><blockquote>比特币基地全球</blockquote></p><p> First up is cryptocurrency exchange and ecosystem<b>Coinbase Global</b>(NASDAQ:COIN). Coinbase is popular given how quickly its revenue and profits surged in the first quarter as investors piled into the likes of<b>Bitcoin</b>&nbsp;and<b>Ethereum</b>. The problem is there are a trio of catalysts working against the Coinbase brokerage model.</p><p><blockquote>首先是加密货币交易所和生态系统<b>比特币基地全球</b>（纳斯达克：硬币）。Coinbase很受欢迎，因为投资者纷纷涌入Coinbase等公司，其第一季度收入和利润飙升得如此之快<b>比特币</b>和<b>以太币</b>.问题是有三种催化剂对Coinbase经纪模式不利。</blockquote></p><p> To start with, there's nothing that prevents competing exchanges from undercutting Coinbase Global's fees. It might have the verified user advantage at the moment, but don't underestimate the willingness of crypto investors to jump ship to save on transaction fees. We witnessed it among traditional brokerages, and the industry eventually wound up going commission-free.</p><p><blockquote>首先，没有什么可以阻止竞争交易所降低Coinbase Global的费用。目前它可能具有经过验证的用户优势，但不要低估加密货币投资者为节省交易费用而跳槽的意愿。我们在传统券商中目睹了这一点，该行业最终实现了免佣金。</blockquote></p><p> Second,crypto has a history of boom-and-bust cycles. Bitcoin has had three separate instances over the last decade where it's shed at least 80% of its value. This is an entirely momentum-based investment, and when upside momentum dries up, so does Coinbase's trading revenue. Following a 2017 peak, Coinbase saw its revenue nearly halve in subsequent years.</p><p><blockquote>其次，加密货币有繁荣和萧条周期的历史。在过去十年中，比特币曾发生过三起独立的事件，其价值至少缩水80%。这是一项完全基于动量的投资，当上行动力枯竭时，Coinbase的交易收入也会枯竭。继2017年达到峰值后，Coinbase的收入在随后几年几乎减半。</blockquote></p><p> And third, the past four weeks, through June 28, saw outflows from crypto of $257.3 million, according to CoinShares Digital Asset Fund Flows Weekly. This is more evidence that interest in crypto is already dwindling with these assets well off their highs. Suffice it to say, Coinbase isnot a stock you're going to want to ownmoving forward.</p><p><blockquote>第三，根据CoinShares数字资产基金流量周刊的数据，截至6月28日的过去四周内，加密货币资金流出量为2.573亿美元。这进一步证明，随着这些资产远低于高点，人们对加密货币的兴趣已经在下降。可以说，Coinbase并不是一只您未来想要拥有的股票。</blockquote></p><p> Cassava Sciences</p><p><blockquote>木薯科学</blockquote></p><p> Another ultra-popular company with a terrible risk-versus-reward ratio is clinical-stagebiotech stock<b>Cassava Sciences</b>(NASDAQ:SAVA).</p><p><blockquote>另一家风险回报比糟糕的超受欢迎公司是临床阶段的生物技术股票<b>木薯科学</b>（纳斯达克：萨瓦）。</blockquote></p><p> Cassava rightly made waves in February when it announced positive clinical data from an interim analysis of simufilam as a treatment for Alzheimer's disease. The open-label trial showed improvement in cognition and behavior at the six-month mark, and more recently allowed Cassava to outline its plans for a phase 3 trial involving its lead drug candidate.</p><p><blockquote>Cassava在2月份宣布了simufilam治疗阿尔茨海默病的中期分析的积极临床数据，这理所当然地引起了轰动。这项开放标签试验显示，在六个月时认知和行为有所改善，最近允许Cassava概述其涉及其主要候选药物的3期试验计划。</blockquote></p><p> I'd love for simufilam to be successful, but history has shown that Alzheimer's is <a href=\"https://laohu8.com/S/AONE\">one</a> of the toughest-to-treat diseases. With the exception of<b>Biogen</b>'s Aduhelm, which was approved by the Food and Drug Administration (FDA) but has been criticized heavily for its lack of clear benefit, every Alzheimer's drughas failed in late-stage studies for more than a decade. All investors have to go on is early stage, open-label data from a trial that aimed to enroll 100 patients. It's not been uncommon to see positive early or-mid-stage results get pulverized come a large phase 3 Alzheimer's trial.</p><p><blockquote>我希望simufilam能够成功，但历史表明阿尔茨海默氏症是<a href=\"https://laohu8.com/S/AONE\">一</a>最难治疗的疾病。除了<b>Biogen</b>Aduhelm获得了美国食品和药物管理局(FDA)的批准，但因缺乏明确的益处而受到严厉批评，十多年来，每种阿尔茨海默病药物都在后期研究中失败。投资者所要做的就是一项旨在招募100名患者的试验的早期开放标签数据。在大型3期阿尔茨海默病试验中，早期或中期的积极结果被粉碎的情况并不罕见。</blockquote></p><p> Although Cassava raised a good amount of cash to continue its research, history suggests that simufilam's chance of success is very slim. That makes Cassava Sciences easily avoidable.</p><p><blockquote>尽管Cassava筹集了大量现金来继续其研究，但历史表明simufilam成功的机会非常渺茫。这使得木薯科学很容易避免。</blockquote></p><p> GameStop</p><p><blockquote>游戏驿站</blockquote></p><p> If you've been following the retail trade movement (i.e. Reddit stocks), whereby retail investors are seeking out heavily short-sold companies and attempting to effect a short squeeze, you probably know video game and accessories retailer<b>GameStop</b>(NYSE:GME).</p><p><blockquote>如果您一直在关注零售贸易运动（即Reddit股票），散户投资者正在寻找大量卖空的公司并试图进行轧空，您可能知道视频游戏和配件零售商<b>游戏驿站</b>（纽约证券交易所代码：GME）。</blockquote></p><p> On <a href=\"https://laohu8.com/S/AONE.U\">one</a> hand, GameStop has been able to capitalize on its recent fame byselling stock to raise capitalfor its ongoing transformation to a digital gaming company. It's a much-needed move after e-commerce sales jumped 191% in fiscal 2020 and more than quadrupled during the holiday season, from the prior-year period.</p><p><blockquote>在<a href=\"https://laohu8.com/S/AONE.U\">一</a>另一方面，游戏驿站能够利用其最近的名气，通过出售股票为其正在进行的向数字游戏公司的转型筹集资金。这是一项急需的举措，此前电子商务销售额在2020财年增长了191%，在假期期间比去年同期增长了四倍多。</blockquote></p><p> However, these capital raises don't overlook the fact that theprevious management team failed the company. For two decades, a brick-and-mortar gaming model worked well. However, sticking to this brick-and-mortar model when gaming was going digital left the company in a precarious position. Today, GameStop continues to lose money, even with rapid e-commerce growth, and saw its same-store sales decline by almost 10% last year. Digital sales may be growing, but total revenue is going nowhere as GameStop shutters its physical locations to lower costs.</p><p><blockquote>然而，这些融资并没有忽视前任管理团队让公司失望的事实。二十年来，实体游戏模式运行良好。然而，当游戏走向数字化时，坚持这种实体模式会让公司陷入不稳定的境地。如今，即使电子商务快速增长，游戏驿站仍在继续亏损，去年同店销售额下降了近10%。数字销售可能在增长，但随着游戏驿站关闭其实体店以降低成本，总收入将无处可去。</blockquote></p><p> GameStop is in no way a bankruptcy candidate, and I can actually see a path to profitability years down the road. But with that being said, the gains it's seen make no sense given the long transformation and operating losses that lie ahead.</p><p><blockquote>游戏驿站绝不是破产的候选者，我实际上可以看到几年后实现盈利的道路。但话虽如此，考虑到未来漫长的转型和运营亏损，所看到的收益毫无意义。</blockquote></p><p> Inovio Pharmaceuticals</p><p><blockquote>Inovio制药公司</blockquote></p><p> Biotech stocks can offer ample opportunity, or in<b>Inovio Pharmaceuticals</b>'(NASDAQ:INO)case, suck the lifeblood out of long-term investors.</p><p><blockquote>生物科技股可以提供充足的机会，或者<b>Inovio制药公司</b>（纳斯达克：INO）案例，吸走长期投资者的命脉。</blockquote></p><p></p><p> Inovio would appear to be an intriguing company based solely on paper. It has a pipeline that currently includes over a dozen clinical candidates to treat cancer, infectious diseases, and human papilloma virus. The most-promising looks to be INO-4800, the company's coronavirus disease 2019 (COVID-19) vaccine candidate that's readying for phase 3 studies. But if you do any digging into Inovio's clinical performance, you'll be sorely disappointed.</p><p><blockquote>Inovio似乎是一家仅基于纸张的有趣公司。它的产品线目前包括十几种治疗癌症、传染病和人乳头瘤病毒的临床候选药物。最有前途的看起来是INO-4800，这是该公司的冠状病毒病2019（COVID-19）候选疫苗，已准备好进行3期研究。但如果你深入研究Inovio的临床表现，你会非常失望。</blockquote></p><p> For example, INO-4800had been placed on partial clinical holdin the U.S. while regulators requested additional data on Inovio's vaccine and its delivery system, Cellectra. More recently, INO-4800 had its late-stage funding pulled by the U.S. government, which is why it's now seeking an international study for its COVID-19 candidate.</p><p><blockquote>例如，INO-4800在美国已被部分临床搁置，而监管机构要求提供有关Inovio疫苗及其输送系统Cellectra的更多数据。最近，INO-4800的后期资金被美国政府取消，这就是为什么它现在正在为其COVID-19候选药物寻求国际研究。</blockquote></p><p> If you think I'm unfairly picking on Inovio for its COVID-19 struggles, pan out even further. In four decades, Inoviohasn't managed to get a drug approved by the FDA. This isn't me wishing bad things on Inovio -- this is the reality that hope and results haven't aligned with this company for a long time. Until Inovio proves itself in a late-stage clinical trial, it's worth avoiding.</p><p><blockquote>如果你认为我不公平地指责Inovio在新冠肺炎的挣扎，那就更进一步吧。四十年来，Inovio一直未能获得FDA批准的药物。这并不是我希望Inovio发生不好的事情——这是现实，希望和结果很长一段时间都没有与这家公司保持一致。在Inovio在后期临床试验中证明自己之前，值得避免使用。</blockquote></p><p> AMC Entertainment</p><p><blockquote>AMC院线</blockquote></p><p> Finally, I can't forgetongoing pump-and-dump scheme<b>AMC Entertainment</b>(NYSE:AMC). While retail investors were able to claim victory by effecting a short squeeze in January after AMC saved itself by issuing a bunch of shares and high-interest debt, the most recent run-up has nothing to do with a short squeeze. Rather, it's based predominantly on hype, the purposeful obfuscation of concrete fundamental data on message boards, and broad-based, blatant misinformation.</p><p><blockquote>最后，我不能忘记正在进行的抽水和转储计划<b>AMC院线</b>（纽约证券交易所代码：AMC）。尽管在AMC通过发行大量股票和高息债务自救后，散户投资者能够通过1月份的轧空来宣称胜利，但最近的上涨与轧空无关。相反，它主要基于炒作，在留言板上故意混淆具体的基本数据，以及广泛的，公然的错误信息。</blockquote></p><p> AMC's retail investors would like you to believe that fundamentals don't matter -- but try driving a car without an engine and see how far you get. AMC is dealing with a 19-year decline in industry ticket sales and is seeing some of its film exclusivity evaporate as movie studios lean on streaming. There will be a place for movie theaters, but AMC'saddressable market keeps shrinkingwith each passing year.</p><p><blockquote>AMC的散户投资者希望你相信基本面并不重要，但尝试驾驶一辆没有发动机的汽车，看看你能走多远。AMC正在应对行业票房收入连续19年下降的问题，并且随着电影制片厂依赖流媒体，其部分电影独家经营权正在消失。电影院将会有一席之地，但AMC的潜在市场逐年萎缩。</blockquote></p><p> AMC's retail investors would also have you believe the company is in great shape after raising $2 billion in capital. While it has put bankruptcy rumors in the near-term on the backburner, the 2027 bond price is nowhere near par. Why, you ask? Because bondholders aren't convinced that AMC is going to escape bankruptcy.</p><p><blockquote>AMC的散户投资者还会让您相信该公司在筹集20亿美元资本后状况良好。尽管近期破产传闻已被搁置，但2027年债券价格远未接近面值。你会问，为什么？因为债券持有人不相信AMC会逃脱破产。</blockquote></p><p> I've seen enough pump-and-dump campaigns in my life to recognize them, andAMC checks all the boxes. My suggestion isn't to short AMC. My suggestion is to avoid it completely. All pump-and-dump schemes eventually collapse, and AMC will be no exception.</p><p><blockquote>我一生中见过足够多的泵和转储活动来识别它们，并且AMC检查了所有的框。我的建议是不要做空AMC。我的建议是完全避免。所有的抽水和转储计划最终都会崩溃，AMC也不例外。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Ultra-Popular Stocks to Avoid Like the Plague in July<blockquote>7月份要像瘟疫一样避开的5只超热门股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Ultra-Popular Stocks to Avoid Like the Plague in July<blockquote>7月份要像瘟疫一样避开的5只超热门股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The motley fool</strong><span class=\"h-time small\">2021-07-06 09:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p>For the past 15 months, Wall Street and investors have enjoyed a historic bounce-back rally. The benchmark<b>S&amp;P 500</b>has gained more than 90% since hitting its bear-market bottom on March 23, 2020.</p><p><blockquote>在过去的15个月里，华尔街和投资者享受了历史性的反弹。基准<b>标普500</b>自2020年3月23日触及熊市底部以来，已上涨超过90%。</blockquote></p><p> While a number of high-quality and innovative businesses have led this rally, it's also allowed quite a few terrible companies to thrive. It's my suggestion that the following five ultra-popular stocks be avoided like the plague in July.</p><p><blockquote>虽然许多高质量和创新的企业引领了这场反弹，但它也让相当多糟糕的公司蓬勃发展。我建议像七月瘟疫一样避开以下五只超受欢迎的股票。</blockquote></p><p> Coinbase Global</p><p><blockquote>比特币基地全球</blockquote></p><p> First up is cryptocurrency exchange and ecosystem<b>Coinbase Global</b>(NASDAQ:COIN). Coinbase is popular given how quickly its revenue and profits surged in the first quarter as investors piled into the likes of<b>Bitcoin</b>&nbsp;and<b>Ethereum</b>. The problem is there are a trio of catalysts working against the Coinbase brokerage model.</p><p><blockquote>首先是加密货币交易所和生态系统<b>比特币基地全球</b>（纳斯达克：硬币）。Coinbase很受欢迎，因为投资者纷纷涌入Coinbase等公司，其第一季度收入和利润飙升得如此之快<b>比特币</b>和<b>以太币</b>.问题是有三种催化剂对Coinbase经纪模式不利。</blockquote></p><p> To start with, there's nothing that prevents competing exchanges from undercutting Coinbase Global's fees. It might have the verified user advantage at the moment, but don't underestimate the willingness of crypto investors to jump ship to save on transaction fees. We witnessed it among traditional brokerages, and the industry eventually wound up going commission-free.</p><p><blockquote>首先，没有什么可以阻止竞争交易所降低Coinbase Global的费用。目前它可能具有经过验证的用户优势，但不要低估加密货币投资者为节省交易费用而跳槽的意愿。我们在传统券商中目睹了这一点，该行业最终实现了免佣金。</blockquote></p><p> Second,crypto has a history of boom-and-bust cycles. Bitcoin has had three separate instances over the last decade where it's shed at least 80% of its value. This is an entirely momentum-based investment, and when upside momentum dries up, so does Coinbase's trading revenue. Following a 2017 peak, Coinbase saw its revenue nearly halve in subsequent years.</p><p><blockquote>其次，加密货币有繁荣和萧条周期的历史。在过去十年中，比特币曾发生过三起独立的事件，其价值至少缩水80%。这是一项完全基于动量的投资，当上行动力枯竭时，Coinbase的交易收入也会枯竭。继2017年达到峰值后，Coinbase的收入在随后几年几乎减半。</blockquote></p><p> And third, the past four weeks, through June 28, saw outflows from crypto of $257.3 million, according to CoinShares Digital Asset Fund Flows Weekly. This is more evidence that interest in crypto is already dwindling with these assets well off their highs. Suffice it to say, Coinbase isnot a stock you're going to want to ownmoving forward.</p><p><blockquote>第三，根据CoinShares数字资产基金流量周刊的数据，截至6月28日的过去四周内，加密货币资金流出量为2.573亿美元。这进一步证明，随着这些资产远低于高点，人们对加密货币的兴趣已经在下降。可以说，Coinbase并不是一只您未来想要拥有的股票。</blockquote></p><p> Cassava Sciences</p><p><blockquote>木薯科学</blockquote></p><p> Another ultra-popular company with a terrible risk-versus-reward ratio is clinical-stagebiotech stock<b>Cassava Sciences</b>(NASDAQ:SAVA).</p><p><blockquote>另一家风险回报比糟糕的超受欢迎公司是临床阶段的生物技术股票<b>木薯科学</b>（纳斯达克：萨瓦）。</blockquote></p><p> Cassava rightly made waves in February when it announced positive clinical data from an interim analysis of simufilam as a treatment for Alzheimer's disease. The open-label trial showed improvement in cognition and behavior at the six-month mark, and more recently allowed Cassava to outline its plans for a phase 3 trial involving its lead drug candidate.</p><p><blockquote>Cassava在2月份宣布了simufilam治疗阿尔茨海默病的中期分析的积极临床数据，这理所当然地引起了轰动。这项开放标签试验显示，在六个月时认知和行为有所改善，最近允许Cassava概述其涉及其主要候选药物的3期试验计划。</blockquote></p><p> I'd love for simufilam to be successful, but history has shown that Alzheimer's is <a href=\"https://laohu8.com/S/AONE\">one</a> of the toughest-to-treat diseases. With the exception of<b>Biogen</b>'s Aduhelm, which was approved by the Food and Drug Administration (FDA) but has been criticized heavily for its lack of clear benefit, every Alzheimer's drughas failed in late-stage studies for more than a decade. All investors have to go on is early stage, open-label data from a trial that aimed to enroll 100 patients. It's not been uncommon to see positive early or-mid-stage results get pulverized come a large phase 3 Alzheimer's trial.</p><p><blockquote>我希望simufilam能够成功，但历史表明阿尔茨海默氏症是<a href=\"https://laohu8.com/S/AONE\">一</a>最难治疗的疾病。除了<b>Biogen</b>Aduhelm获得了美国食品和药物管理局(FDA)的批准，但因缺乏明确的益处而受到严厉批评，十多年来，每种阿尔茨海默病药物都在后期研究中失败。投资者所要做的就是一项旨在招募100名患者的试验的早期开放标签数据。在大型3期阿尔茨海默病试验中，早期或中期的积极结果被粉碎的情况并不罕见。</blockquote></p><p> Although Cassava raised a good amount of cash to continue its research, history suggests that simufilam's chance of success is very slim. That makes Cassava Sciences easily avoidable.</p><p><blockquote>尽管Cassava筹集了大量现金来继续其研究，但历史表明simufilam成功的机会非常渺茫。这使得木薯科学很容易避免。</blockquote></p><p> GameStop</p><p><blockquote>游戏驿站</blockquote></p><p> If you've been following the retail trade movement (i.e. Reddit stocks), whereby retail investors are seeking out heavily short-sold companies and attempting to effect a short squeeze, you probably know video game and accessories retailer<b>GameStop</b>(NYSE:GME).</p><p><blockquote>如果您一直在关注零售贸易运动（即Reddit股票），散户投资者正在寻找大量卖空的公司并试图进行轧空，您可能知道视频游戏和配件零售商<b>游戏驿站</b>（纽约证券交易所代码：GME）。</blockquote></p><p> On <a href=\"https://laohu8.com/S/AONE.U\">one</a> hand, GameStop has been able to capitalize on its recent fame byselling stock to raise capitalfor its ongoing transformation to a digital gaming company. It's a much-needed move after e-commerce sales jumped 191% in fiscal 2020 and more than quadrupled during the holiday season, from the prior-year period.</p><p><blockquote>在<a href=\"https://laohu8.com/S/AONE.U\">一</a>另一方面，游戏驿站能够利用其最近的名气，通过出售股票为其正在进行的向数字游戏公司的转型筹集资金。这是一项急需的举措，此前电子商务销售额在2020财年增长了191%，在假期期间比去年同期增长了四倍多。</blockquote></p><p> However, these capital raises don't overlook the fact that theprevious management team failed the company. For two decades, a brick-and-mortar gaming model worked well. However, sticking to this brick-and-mortar model when gaming was going digital left the company in a precarious position. Today, GameStop continues to lose money, even with rapid e-commerce growth, and saw its same-store sales decline by almost 10% last year. Digital sales may be growing, but total revenue is going nowhere as GameStop shutters its physical locations to lower costs.</p><p><blockquote>然而，这些融资并没有忽视前任管理团队让公司失望的事实。二十年来，实体游戏模式运行良好。然而，当游戏走向数字化时，坚持这种实体模式会让公司陷入不稳定的境地。如今，即使电子商务快速增长，游戏驿站仍在继续亏损，去年同店销售额下降了近10%。数字销售可能在增长，但随着游戏驿站关闭其实体店以降低成本，总收入将无处可去。</blockquote></p><p> GameStop is in no way a bankruptcy candidate, and I can actually see a path to profitability years down the road. But with that being said, the gains it's seen make no sense given the long transformation and operating losses that lie ahead.</p><p><blockquote>游戏驿站绝不是破产的候选者，我实际上可以看到几年后实现盈利的道路。但话虽如此，考虑到未来漫长的转型和运营亏损，所看到的收益毫无意义。</blockquote></p><p> Inovio Pharmaceuticals</p><p><blockquote>Inovio制药公司</blockquote></p><p> Biotech stocks can offer ample opportunity, or in<b>Inovio Pharmaceuticals</b>'(NASDAQ:INO)case, suck the lifeblood out of long-term investors.</p><p><blockquote>生物科技股可以提供充足的机会，或者<b>Inovio制药公司</b>（纳斯达克：INO）案例，吸走长期投资者的命脉。</blockquote></p><p></p><p> Inovio would appear to be an intriguing company based solely on paper. It has a pipeline that currently includes over a dozen clinical candidates to treat cancer, infectious diseases, and human papilloma virus. The most-promising looks to be INO-4800, the company's coronavirus disease 2019 (COVID-19) vaccine candidate that's readying for phase 3 studies. But if you do any digging into Inovio's clinical performance, you'll be sorely disappointed.</p><p><blockquote>Inovio似乎是一家仅基于纸张的有趣公司。它的产品线目前包括十几种治疗癌症、传染病和人乳头瘤病毒的临床候选药物。最有前途的看起来是INO-4800，这是该公司的冠状病毒病2019（COVID-19）候选疫苗，已准备好进行3期研究。但如果你深入研究Inovio的临床表现，你会非常失望。</blockquote></p><p> For example, INO-4800had been placed on partial clinical holdin the U.S. while regulators requested additional data on Inovio's vaccine and its delivery system, Cellectra. More recently, INO-4800 had its late-stage funding pulled by the U.S. government, which is why it's now seeking an international study for its COVID-19 candidate.</p><p><blockquote>例如，INO-4800在美国已被部分临床搁置，而监管机构要求提供有关Inovio疫苗及其输送系统Cellectra的更多数据。最近，INO-4800的后期资金被美国政府取消，这就是为什么它现在正在为其COVID-19候选药物寻求国际研究。</blockquote></p><p> If you think I'm unfairly picking on Inovio for its COVID-19 struggles, pan out even further. In four decades, Inoviohasn't managed to get a drug approved by the FDA. This isn't me wishing bad things on Inovio -- this is the reality that hope and results haven't aligned with this company for a long time. Until Inovio proves itself in a late-stage clinical trial, it's worth avoiding.</p><p><blockquote>如果你认为我不公平地指责Inovio在新冠肺炎的挣扎，那就更进一步吧。四十年来，Inovio一直未能获得FDA批准的药物。这并不是我希望Inovio发生不好的事情——这是现实，希望和结果很长一段时间都没有与这家公司保持一致。在Inovio在后期临床试验中证明自己之前，值得避免使用。</blockquote></p><p> AMC Entertainment</p><p><blockquote>AMC院线</blockquote></p><p> Finally, I can't forgetongoing pump-and-dump scheme<b>AMC Entertainment</b>(NYSE:AMC). While retail investors were able to claim victory by effecting a short squeeze in January after AMC saved itself by issuing a bunch of shares and high-interest debt, the most recent run-up has nothing to do with a short squeeze. Rather, it's based predominantly on hype, the purposeful obfuscation of concrete fundamental data on message boards, and broad-based, blatant misinformation.</p><p><blockquote>最后，我不能忘记正在进行的抽水和转储计划<b>AMC院线</b>（纽约证券交易所代码：AMC）。尽管在AMC通过发行大量股票和高息债务自救后，散户投资者能够通过1月份的轧空来宣称胜利，但最近的上涨与轧空无关。相反，它主要基于炒作，在留言板上故意混淆具体的基本数据，以及广泛的，公然的错误信息。</blockquote></p><p> AMC's retail investors would like you to believe that fundamentals don't matter -- but try driving a car without an engine and see how far you get. AMC is dealing with a 19-year decline in industry ticket sales and is seeing some of its film exclusivity evaporate as movie studios lean on streaming. There will be a place for movie theaters, but AMC'saddressable market keeps shrinkingwith each passing year.</p><p><blockquote>AMC的散户投资者希望你相信基本面并不重要，但尝试驾驶一辆没有发动机的汽车，看看你能走多远。AMC正在应对行业票房收入连续19年下降的问题，并且随着电影制片厂依赖流媒体，其部分电影独家经营权正在消失。电影院将会有一席之地，但AMC的潜在市场逐年萎缩。</blockquote></p><p> AMC's retail investors would also have you believe the company is in great shape after raising $2 billion in capital. While it has put bankruptcy rumors in the near-term on the backburner, the 2027 bond price is nowhere near par. Why, you ask? Because bondholders aren't convinced that AMC is going to escape bankruptcy.</p><p><blockquote>AMC的散户投资者还会让您相信该公司在筹集20亿美元资本后状况良好。尽管近期破产传闻已被搁置，但2027年债券价格远未接近面值。你会问，为什么？因为债券持有人不相信AMC会逃脱破产。</blockquote></p><p> I've seen enough pump-and-dump campaigns in my life to recognize them, andAMC checks all the boxes. My suggestion isn't to short AMC. My suggestion is to avoid it completely. All pump-and-dump schemes eventually collapse, and AMC will be no exception.</p><p><blockquote>我一生中见过足够多的泵和转储活动来识别它们，并且AMC检查了所有的框。我的建议是不要做空AMC。我的建议是完全避免。所有的抽水和转储计划最终都会崩溃，AMC也不例外。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/07/05/5-ultra-popular-stocks-avoid-like-plague-in-july/\">The motley fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INO":"伊诺维奥制药","SAVA":"Cassava Sciences Inc","COIN":"Coinbase Global, Inc.","GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/07/05/5-ultra-popular-stocks-avoid-like-plague-in-july/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164348327","content_text":"For the past 15 months, Wall Street and investors have enjoyed a historic bounce-back rally. The benchmarkS&P 500has gained more than 90% since hitting its bear-market bottom on March 23, 2020.\nWhile a number of high-quality and innovative businesses have led this rally, it's also allowed quite a few terrible companies to thrive. It's my suggestion that the following five ultra-popular stocks be avoided like the plague in July.\nCoinbase Global\nFirst up is cryptocurrency exchange and ecosystemCoinbase Global(NASDAQ:COIN). Coinbase is popular given how quickly its revenue and profits surged in the first quarter as investors piled into the likes ofBitcoin andEthereum. The problem is there are a trio of catalysts working against the Coinbase brokerage model.\nTo start with, there's nothing that prevents competing exchanges from undercutting Coinbase Global's fees. It might have the verified user advantage at the moment, but don't underestimate the willingness of crypto investors to jump ship to save on transaction fees. We witnessed it among traditional brokerages, and the industry eventually wound up going commission-free.\nSecond,crypto has a history of boom-and-bust cycles. Bitcoin has had three separate instances over the last decade where it's shed at least 80% of its value. This is an entirely momentum-based investment, and when upside momentum dries up, so does Coinbase's trading revenue. Following a 2017 peak, Coinbase saw its revenue nearly halve in subsequent years.\nAnd third, the past four weeks, through June 28, saw outflows from crypto of $257.3 million, according to CoinShares Digital Asset Fund Flows Weekly. This is more evidence that interest in crypto is already dwindling with these assets well off their highs. Suffice it to say, Coinbase isnot a stock you're going to want to ownmoving forward.\nCassava Sciences\nAnother ultra-popular company with a terrible risk-versus-reward ratio is clinical-stagebiotech stockCassava Sciences(NASDAQ:SAVA).\nCassava rightly made waves in February when it announced positive clinical data from an interim analysis of simufilam as a treatment for Alzheimer's disease. The open-label trial showed improvement in cognition and behavior at the six-month mark, and more recently allowed Cassava to outline its plans for a phase 3 trial involving its lead drug candidate.\nI'd love for simufilam to be successful, but history has shown that Alzheimer's is one of the toughest-to-treat diseases. With the exception ofBiogen's Aduhelm, which was approved by the Food and Drug Administration (FDA) but has been criticized heavily for its lack of clear benefit, every Alzheimer's drughas failed in late-stage studies for more than a decade. All investors have to go on is early stage, open-label data from a trial that aimed to enroll 100 patients. It's not been uncommon to see positive early or-mid-stage results get pulverized come a large phase 3 Alzheimer's trial.\nAlthough Cassava raised a good amount of cash to continue its research, history suggests that simufilam's chance of success is very slim. That makes Cassava Sciences easily avoidable.\nGameStop\nIf you've been following the retail trade movement (i.e. Reddit stocks), whereby retail investors are seeking out heavily short-sold companies and attempting to effect a short squeeze, you probably know video game and accessories retailerGameStop(NYSE:GME).\nOn one hand, GameStop has been able to capitalize on its recent fame byselling stock to raise capitalfor its ongoing transformation to a digital gaming company. It's a much-needed move after e-commerce sales jumped 191% in fiscal 2020 and more than quadrupled during the holiday season, from the prior-year period.\nHowever, these capital raises don't overlook the fact that theprevious management team failed the company. For two decades, a brick-and-mortar gaming model worked well. However, sticking to this brick-and-mortar model when gaming was going digital left the company in a precarious position. Today, GameStop continues to lose money, even with rapid e-commerce growth, and saw its same-store sales decline by almost 10% last year. Digital sales may be growing, but total revenue is going nowhere as GameStop shutters its physical locations to lower costs.\nGameStop is in no way a bankruptcy candidate, and I can actually see a path to profitability years down the road. But with that being said, the gains it's seen make no sense given the long transformation and operating losses that lie ahead.\nInovio Pharmaceuticals\nBiotech stocks can offer ample opportunity, or inInovio Pharmaceuticals'(NASDAQ:INO)case, suck the lifeblood out of long-term investors.\nInovio would appear to be an intriguing company based solely on paper. It has a pipeline that currently includes over a dozen clinical candidates to treat cancer, infectious diseases, and human papilloma virus. The most-promising looks to be INO-4800, the company's coronavirus disease 2019 (COVID-19) vaccine candidate that's readying for phase 3 studies. But if you do any digging into Inovio's clinical performance, you'll be sorely disappointed.\nFor example, INO-4800had been placed on partial clinical holdin the U.S. while regulators requested additional data on Inovio's vaccine and its delivery system, Cellectra. More recently, INO-4800 had its late-stage funding pulled by the U.S. government, which is why it's now seeking an international study for its COVID-19 candidate.\nIf you think I'm unfairly picking on Inovio for its COVID-19 struggles, pan out even further. In four decades, Inoviohasn't managed to get a drug approved by the FDA. This isn't me wishing bad things on Inovio -- this is the reality that hope and results haven't aligned with this company for a long time. Until Inovio proves itself in a late-stage clinical trial, it's worth avoiding.\nAMC Entertainment\nFinally, I can't forgetongoing pump-and-dump schemeAMC Entertainment(NYSE:AMC). While retail investors were able to claim victory by effecting a short squeeze in January after AMC saved itself by issuing a bunch of shares and high-interest debt, the most recent run-up has nothing to do with a short squeeze. Rather, it's based predominantly on hype, the purposeful obfuscation of concrete fundamental data on message boards, and broad-based, blatant misinformation.\nAMC's retail investors would like you to believe that fundamentals don't matter -- but try driving a car without an engine and see how far you get. AMC is dealing with a 19-year decline in industry ticket sales and is seeing some of its film exclusivity evaporate as movie studios lean on streaming. There will be a place for movie theaters, but AMC'saddressable market keeps shrinkingwith each passing year.\nAMC's retail investors would also have you believe the company is in great shape after raising $2 billion in capital. While it has put bankruptcy rumors in the near-term on the backburner, the 2027 bond price is nowhere near par. Why, you ask? Because bondholders aren't convinced that AMC is going to escape bankruptcy.\nI've seen enough pump-and-dump campaigns in my life to recognize them, andAMC checks all the boxes. My suggestion isn't to short AMC. My suggestion is to avoid it completely. All pump-and-dump schemes eventually collapse, and AMC will be no exception.","news_type":1,"symbols_score_info":{"SAVA":0.9,"COIN":0.9,"AMC":0.9,"INO":0.9,"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":1095,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156478179,"gmtCreate":1625235451191,"gmtModify":1633942216633,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Back to about at least&nbsp;$38 -$40","listText":"Back to about at least&nbsp;$38 -$40","text":"Back to about at least $38 -$40","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/156478179","repostId":"1106243819","repostType":2,"repost":{"id":"1106243819","kind":"news","pubTimestamp":1625217978,"share":"https://www.laohu8.com/m/news/1106243819?lang=zh_CN&edition=full","pubTime":"2021-07-02 17:26","market":"us","language":"en","title":"NIO: Leading The Way, But Watching Valuation Multiples<blockquote>蔚来：领先，但关注估值倍数</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106243819","media":"seekingalpha","summary":"Summary\n\nAfter two months of relatively weaker deliveries from some chip shortage impacts, NIO regai","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>After two months of relatively weaker deliveries from some chip shortage impacts, NIO regained its stride and posted another monthly delivery record for June.</li>  <li>Deliveries were 8,083 vehicles, pushing Q2 to 21,896 vehicles, +20.4% growth from Q1 even with chip shortage impacts early in the quarter.</li>  <li>While NIO still leads the way in the domestic Chinese group, XPeng is quickly catching up in terms of delivery numbers.</li>  <li>Even with visible growth catalysts, expectations for EVs to become the new standard raise risks to multiple contraction from erosion of hyper-growth/disruption multiples.</li>  <li>Given the strong rally over the past six weeks, NIO's valuation brings shares back to a more neutral outlook, down from the bullish stances from March 3 to June 1.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/56e66e8847024b9f76f7e620aef0619c\" tg-width=\"768\" tg-height=\"576\"><span>Andy Feng/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>在经历了两个月因一些芯片短缺影响而相对疲软的交付量后，蔚来重新振作起来，并在6月份创下了另一项月度交付记录。</li><li>交付量为8,083辆，使第二季度达到21,896辆，较第一季度增长20.4%，尽管本季度初受到芯片短缺的影响。</li><li>虽然蔚来在中国国内集团中仍然领先，但小鹏汽车在交付数量方面正在迅速赶上。</li><li>即使有明显的增长催化剂，对电动汽车成为新标准的预期也会增加因高速增长/颠覆倍数侵蚀而导致倍数收缩的风险。</li><li>鉴于过去六周的强劲反弹，蔚来的估值使股价回到了更加中性的前景，低于3月3日至6月1日的看涨立场。</li></ul><p class=\"t-img-caption\"><span>Andy Feng/iStock社论来自Getty Images</span></p></blockquote></p><p> EV companies are finding themselves back in favor with investors, with a handful of manufacturers seeing double and triple-digit rallies in a six-week span since mid-May. NIO (NIO) is one of those, with shares up over 60% in that period as the manufacturer continues with its growth and international expansion plans, while navigating the chip shortage quite well. June deliveries came in strong, and set the manufacturer up for another success story in 2H, although the strong rally could see a breather soon.</p><p><blockquote>电动汽车公司发现自己重新受到投资者的青睐，自五月中旬以来的六周内，一些制造商的股价出现了两位数和三位数的上涨。蔚来（蔚来）就是其中之一，随着该制造商继续其增长和国际扩张计划，同时很好地应对芯片短缺问题，该公司股价在此期间上涨了60%以上。6月份的交付量强劲，为制造商在下半年创造了另一个成功故事，尽管强劲的反弹可能很快就会出现喘息。</blockquote></p><p> <b>Another Monthly Record</b></p><p><blockquote><b>又一个月度记录</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6833a92766699fa10e3dc04cc8c6beab\" tg-width=\"1200\" tg-height=\"674\"><span>Graphic from NIO</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来自蔚来</span></p></blockquote></p><p> After two months of relatively weaker deliveries from some chip shortage impacts, NIO regained its stride and posted another monthly delivery record for&nbsp;June, over 10% from the previous record. The company delivered 8,083 vehicles, pushing Q2 deliveries to 21,896 vehicles, representing +20.4% growth from Q1 even with more of the impacts being felt during the first part of this quarter. Strong demand and higher seasonality of demand likely boosted deliveries amid these impacts.</p><p><blockquote>在经历了两个月因一些芯片短缺影响而相对疲软的交付量后，蔚来重新振作起来，并在6月份创下了另一个月度交付量记录，比之前的记录增长了10%以上。该公司交付了8,083辆汽车，使第二季度交付量达到21,896辆，较第一季度增长了20.4%，尽管本季度第一季度受到了更多影响。在这些影响下，强劲的需求和较高的需求季节性可能会增加交付量。</blockquote></p><p> For the YTD period, NIO has delivered just under 42,000 vehicles, just 4% below its full-year tally of 43,728 vehicles during 2020. NIO remains on track to double its deliveries y/y, with 87,500 vehicles a conservative, achievable year-end target as demand seasonality and orders pick up in the winter months. NIO continues to show impressive sequential growth, with Q2 the fifth-consecutive quarter of q/q growth, and a continuation of that does support the year-end delivery target.</p><p><blockquote>今年迄今，蔚来已交付近42,000辆汽车，仅比2020年全年43,728辆汽车的交付量低4%。随着需求季节性和冬季订单的增加，蔚来的交付量仍有望同比翻一番，87,500辆是保守的、可实现的年终目标。蔚来继续表现出令人印象深刻的环比增长，第二季度是连续第五个季度环比增长，这种持续增长确实支持了年终交付目标。</blockquote></p><p> <b>Not Alone in Growth</b></p><p><blockquote><b>成长中并不孤单</b></blockquote></p><p> While NIO's deliveries were impressive, showing its ability to perform in the face of an industry-wide headwind, it's not the only Chinese manufacturer to show impressive growth.</p><p><blockquote>虽然蔚来的交付量令人印象深刻，显示了其在面对全行业逆风时的表现能力，但它并不是唯一一家表现出令人印象深刻增长的中国制造商。</blockquote></p><p> Fast-growing peer XPeng (XPEV) posted a new monthly record for June, delivering 6,565 vehicles, with the P7 recording its best month since launch at 4,730 units. While growth rates were impressive, at +459% y/y for 1H, +617% y/y for the month, and +439% y/y for Q2, XPeng had only just begun its production of the P7 in mid-May 2020 and did not complete its 10,000 unit goal until October 2020, so it isn't necessarily comparable.</p><p><blockquote>快速增长的同行小鹏汽车(XPEV)在6月份创下了新的月度纪录，交付了6,565辆汽车，其中P7创下了自推出以来最好的一个月，交付了4,730辆。虽然增长率令人印象深刻，上半年同比+459%，当月同比+617%，Q2同比+439%，但小鹏汽车在2020年5月中旬才刚刚开始生产P7，直到2020年10月才完成10,000辆的目标，因此不一定具有可比性。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7242f091fae22def7e8992e2e355cf79\" tg-width=\"1200\" tg-height=\"675\"><span>Graphic from XPeng</span></p><p><blockquote><p class=\"t-img-caption\"><span>图自小鹏汽车</span></p></blockquote></p><p> What's impressive for XPeng is that even with the later start to production compared to NIO, it's quickly catching up in terms of overall delivery numbers for the monthly and quarterly tallies. June and Q2's figures are just 19% and 21% lower than NIO's, meaning XPeng needs about 25% growth from current levels to match NIO's numbers. As XPeng continues to push its technological edge and broaden its vehicle lineup, with the limited edition P7 Wing and the upcoming G3i next week, it has the necessary catalysts to catch up to NIO relatively soon, as long as its production capacity enables it.</p><p><blockquote>令小鹏汽车印象深刻的是，尽管与蔚来相比投产较晚，但它在月度和季度总交付量方面正在迅速赶上。6月份和第二季度的数据仅比蔚来低19%和21%，这意味着小鹏汽车需要在当前水平上增长约25%才能与蔚来的数据相匹配。随着小鹏汽车继续提升其技术优势并拓宽其车辆阵容，凭借限量版P7 Wing和下周即将推出的G3i，只要其产能允许，它就有必要的催化剂可以相对较快地赶上蔚来。</blockquote></p><p> <b>What's Next?</b></p><p><blockquote><b>下一步是什么？</b></blockquote></p><p> NIO is one of the top pure-play EV manufacturers, and leading the Chinese cohort, although XPeng is quickly catching up. As a quick&nbsp;recap, NIO is launching in Norway during Q3, and has received the EWVTA for the ES8 while it preps its&nbsp;Oslo NIO House. The company also has a longer-term capacity expansion plan through Neo Park after it doubled its capacity arrangement with JAC. There's a lot to look forward to alongside revenue and delivery growth.</p><p><blockquote>蔚来是顶级纯电动汽车制造商之一，在中国领先，尽管小鹏汽车正在迅速迎头赶上。快速回顾一下，蔚来将于第三季度在挪威推出ES8，并在准备奥斯陆蔚来工厂时收到了ES8的EWVTA。在将与江淮汽车的产能安排增加一倍后，该公司还通过Neo Park制定了更长期的产能扩张计划。除了收入和交付增长，还有很多值得期待的地方。</blockquote></p><p></p><p> European expansion, and inevitably potential North American expansion, are both bright spots for NIO, serving to boost both deliveries and revenues by expanding sales outlets and increasing the number of potential customers. However, the costs to establish sales and service centers, NIO Houses, and possibly production facilities could be large; if NIO decides to keep production solely in China, it brings export costs and tariffs into play.</p><p><blockquote>欧洲扩张以及不可避免的北美扩张都是蔚来的亮点，通过扩大销售网点和增加潜在客户数量来提高交付量和收入。然而，建立销售和服务中心、蔚来机构以及可能的生产设施的成本可能很高；如果蔚来决定只在中国生产，出口成本和关税就会发挥作用。</blockquote></p><p> NIO's growth is visible, but the question that remains right now is the valuation - the company continues to perform well regardless of the circumstances, cruising through the chip shortage with slight impacts, but does the overall growth and change in the industry support extensive valuation growth?</p><p><blockquote>蔚来的增长是显而易见的，但现在仍然存在的问题是估值——无论情况如何，该公司都继续表现良好，在芯片短缺的情况下仅受到轻微影响，但行业的整体增长和变化是否支持广泛的估值增长？</blockquote></p><p> NIO's 2021 is poised for a second year of triple digit revenue growth, with RMB32.5-33.5 billion (US$5-5.2 billion) projected for 87,500-90,000 units delivered. While the rate of growth will cool from these levels moving forward (simply due to amounts), revenue growth will remain strong on a dollar basis, up ~US$3.5 billion/~68% for 2022 and ~US$4 billion/~45% for 2023 to reach ~$12.5 billion in revenues.</p><p><blockquote>蔚来2021年将迎来收入三位数增长的第二年，预计交付87,500-90,000台，收入将达到325-335亿元人民币（5-52亿美元）。虽然未来增长率将从这些水平降温（仅由于金额），但以美元计算的收入增长将保持强劲，2022年将增长约35亿美元/约68%，2022年将增长约40亿美元/约45%2023年收入将达到约125亿美元。</blockquote></p><p> Revenue growth at this degree comes at a time when EV adoption is reaching an inflection point, especially in main market China. As the nation pushes for more and more EVs on the road and more infrastructure supporting it, NIO stands to benefit through BaaS - expansion of battery swap station network to the thousands and eligibility for subsidies regardless of vehicle price.</p><p><blockquote>这种程度的收入增长正值电动汽车采用达到拐点之际，尤其是在主要市场中国。随着国家推动越来越多的电动汽车上路以及更多的基础设施支持它，蔚来将通过BaaS受益——将电池交换站网络扩大到数千个，并且无论车辆价格如何都有资格获得补贴。</blockquote></p><p> Yet even with EV adoption growing, the timelines for when EV cars will be the \"norm\" are still a bit divergent - some nations aim to be there by 2030, some aim for 2040; the overall picture is that it will take the better part of a decade of more for EVs to take over.</p><p><blockquote>然而，即使电动汽车的采用率不断提高，电动汽车何时成为“常态”的时间表仍然有些不同——一些国家的目标是到2030年实现，一些国家的目标是2040年；总体情况是，电动汽车还需要十年的大部分时间才能占据主导地位。</blockquote></p><p> That's a substantial amount of time for growth to unfold, which is where many people get caught only focusing on. NIO and its peers like XPeng and Tesla (TSLA) trade at higher multiples relative to ICE manufacturers that are quickly shifting into EVs. The three trade at 13-14.5x 2021 EV/sales, while Ford (F) and GM (GM) trade at ~1.4x 2021 EV/sales; this provides evidence that the leading pure-play EV manufacturers are valued higher for both their hyper-growth prospects and disruptive factors as EV adoption is poised to accelerate.</p><p><blockquote>这是成长展开的大量时间，这是许多人只关注的地方。相对于迅速转向电动汽车的内燃机制造商，蔚来及其小鹏汽车和特斯拉(TSLA)等同行的市盈率更高。这三家公司的交易价格为2021年EV/销量的13-14.5倍，而福特(F)和通用汽车(GM)的交易价格约为2021年EV/销量的1.4倍；这提供了证据，表明随着电动汽车的采用即将加速，领先的纯电动汽车制造商因其高速增长前景和颠覆性因素而受到更高的估值。</blockquote></p><p> With high multiples for growth and disruption, multiple expansion simply provides free money as growth continues; multiple contraction, on the other hand, could make it harder to see significant profits. If EVs are expected to take over and be the primary system on the road, can they continue to command double-digit EV/sales multiples, or will these manufacturers become the new \"ICE\" and trade at low multiples due to the amount of competition in the market and the shift to becoming the dominant technology?</p><p><blockquote>由于增长和破坏的倍数很高，随着增长的继续，倍数扩张只是提供了免费资金；另一方面，多重收缩可能会使大幅利润变得更加困难。如果电动汽车有望接管并成为道路上的主要系统，它们能否继续保持两位数的EV/销售倍数，或者这些制造商是否会成为新的“ICE”并因市场竞争和向主导技术的转变而以低倍数进行交易？</blockquote></p><p> Of course an argument can be made that EVs are only getting smarter and more technologically advanced with autonomous driving and virtual cockpits and more, but this is the case with cars in general - the technology is only improving, and it could be harder to gain a technological edge in five or ten years' time to garner premium multiples relative to peers on a tech basis. Competition and leveling of the playing field as EVs become the dominant tech on the road could serve to bring multiples lower as every manufacturer will be fighting for the same pie - the disruptive factor will have eroded.</p><p><blockquote>当然，可以说电动汽车只会通过自动驾驶和虚拟驾驶舱等变得更加智能、技术更加先进，但汽车的总体情况就是如此——技术只是在进步，而且可能更难获得技术优势在五年或十年内获得相对于同行的溢价倍数。随着电动汽车成为道路上的主导技术，竞争和公平的竞争环境可能会降低市盈率，因为每个制造商都将争夺同一个蛋糕——破坏性因素将被削弱。</blockquote></p><p> This isn't just a potential headwind for NIO, but for XPeng and other EV players that have earned huge valuations relative to revenues for the growth and disruption story. Assuming that by 2023, NIO's revenues are projected reach $12.5 billion, but forward EV/sales has fallen from the current ~14x to ~10x, that represents about 50% upside to $75 to a $125 billion valuation. However, if NIO can sustain its EV/sales multiple profile as deliveries grow and tap into new geographies, the upside potential grows substantially.</p><p><blockquote>这不仅对蔚来来说是一个潜在的阻力，对小鹏汽车和其他电动汽车公司来说也是一个潜在的阻力，这些公司因增长和颠覆故事而获得了相对于收入而言的巨大估值。假设到2023年，蔚来的收入预计将达到125亿美元，但远期EV/销售额已从目前的约14倍下降至约10倍，这意味着约50%的上涨空间达到75美元至1250亿美元的估值。然而，如果蔚来能够随着交付量的增长和进入新的地区而维持其电动汽车/销售的多重形象，那么上行潜力将大幅增长。</blockquote></p><p> <b>Overall</b></p><p><blockquote><b>总的</b></blockquote></p><p> NIO has found its groove again with June deliveries reaching a new monthly record, pushing Q2 deliveries to the high end of guidance given during the chip shortage. The manufacturer is showing the ability to perform regardless of the obstacles in the industry, and is setting itself up to reach 87,500 deliveries for the year with strong seasonality in 2H. Revenues are expected to grow for a second straight year at triple-digit rates to RMB32.5-RMB33.5 billion, with NIO continuing its growth story internationally and domestically.</p><p><blockquote>蔚来再次找到了最佳状态，6月份的交付量创下了新的月度纪录，将第二季度的交付量推至芯片短缺期间给出的指导值的高端。该制造商展示了不顾行业障碍的表现能力，并计划今年交付量达到87,500辆，下半年季节性较强。随着蔚来在国际和国内继续其增长故事，收入预计将连续第二年以三位数的速度增长，达到人民币32.5至人民币335亿元。</blockquote></p><p> While its growth is visible, one of NIO's bigger threats moving forward doesn't stem from the business, but rather the valuation. EV companies are trading at higher multiples than ICE manufacturers due to faster growth, disruption, and tech, but if EVs are expected to become the standard, more competition is likely to erode the premiums attached to growth and disruption.</p><p><blockquote>虽然其增长是显而易见的，但蔚来未来面临的更大威胁之一并不来自业务，而是估值。由于更快的增长、颠覆和技术，电动汽车公司的市盈率高于内燃机制造商，但如果电动汽车有望成为标准，更多的竞争可能会侵蚀与增长和颠覆相关的溢价。</blockquote></p><p></p><p> Therefore, multiple contraction could be the long-term headwind for shares, as ICE manufacturers, the old standard, trade at much lower EV/sales multiples. Given the strong rally over the past six weeks, NIO's valuation brings shares back to a more neutral outlook, down from the bullish stances from March 3 to June 1 when the valuation was more attractive.</p><p><blockquote>因此，倍数收缩可能是股价的长期阻力，因为旧标准ICE制造商的EV/销售额倍数要低得多。鉴于过去六周的强劲反弹，蔚来的估值使股价回到了更加中性的前景，低于3月3日至6月1日估值更具吸引力的看涨立场。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO: Leading The Way, But Watching Valuation Multiples<blockquote>蔚来：领先，但关注估值倍数</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO: Leading The Way, But Watching Valuation Multiples<blockquote>蔚来：领先，但关注估值倍数</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-07-02 17:26</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>After two months of relatively weaker deliveries from some chip shortage impacts, NIO regained its stride and posted another monthly delivery record for June.</li>  <li>Deliveries were 8,083 vehicles, pushing Q2 to 21,896 vehicles, +20.4% growth from Q1 even with chip shortage impacts early in the quarter.</li>  <li>While NIO still leads the way in the domestic Chinese group, XPeng is quickly catching up in terms of delivery numbers.</li>  <li>Even with visible growth catalysts, expectations for EVs to become the new standard raise risks to multiple contraction from erosion of hyper-growth/disruption multiples.</li>  <li>Given the strong rally over the past six weeks, NIO's valuation brings shares back to a more neutral outlook, down from the bullish stances from March 3 to June 1.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/56e66e8847024b9f76f7e620aef0619c\" tg-width=\"768\" tg-height=\"576\"><span>Andy Feng/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>在经历了两个月因一些芯片短缺影响而相对疲软的交付量后，蔚来重新振作起来，并在6月份创下了另一项月度交付记录。</li><li>交付量为8,083辆，使第二季度达到21,896辆，较第一季度增长20.4%，尽管本季度初受到芯片短缺的影响。</li><li>虽然蔚来在中国国内集团中仍然领先，但小鹏汽车在交付数量方面正在迅速赶上。</li><li>即使有明显的增长催化剂，对电动汽车成为新标准的预期也会增加因高速增长/颠覆倍数侵蚀而导致倍数收缩的风险。</li><li>鉴于过去六周的强劲反弹，蔚来的估值使股价回到了更加中性的前景，低于3月3日至6月1日的看涨立场。</li></ul><p class=\"t-img-caption\"><span>Andy Feng/iStock社论来自Getty Images</span></p></blockquote></p><p> EV companies are finding themselves back in favor with investors, with a handful of manufacturers seeing double and triple-digit rallies in a six-week span since mid-May. NIO (NIO) is one of those, with shares up over 60% in that period as the manufacturer continues with its growth and international expansion plans, while navigating the chip shortage quite well. June deliveries came in strong, and set the manufacturer up for another success story in 2H, although the strong rally could see a breather soon.</p><p><blockquote>电动汽车公司发现自己重新受到投资者的青睐，自五月中旬以来的六周内，一些制造商的股价出现了两位数和三位数的上涨。蔚来（蔚来）就是其中之一，随着该制造商继续其增长和国际扩张计划，同时很好地应对芯片短缺问题，该公司股价在此期间上涨了60%以上。6月份的交付量强劲，为制造商在下半年创造了另一个成功故事，尽管强劲的反弹可能很快就会出现喘息。</blockquote></p><p> <b>Another Monthly Record</b></p><p><blockquote><b>又一个月度记录</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6833a92766699fa10e3dc04cc8c6beab\" tg-width=\"1200\" tg-height=\"674\"><span>Graphic from NIO</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来自蔚来</span></p></blockquote></p><p> After two months of relatively weaker deliveries from some chip shortage impacts, NIO regained its stride and posted another monthly delivery record for&nbsp;June, over 10% from the previous record. The company delivered 8,083 vehicles, pushing Q2 deliveries to 21,896 vehicles, representing +20.4% growth from Q1 even with more of the impacts being felt during the first part of this quarter. Strong demand and higher seasonality of demand likely boosted deliveries amid these impacts.</p><p><blockquote>在经历了两个月因一些芯片短缺影响而相对疲软的交付量后，蔚来重新振作起来，并在6月份创下了另一个月度交付量记录，比之前的记录增长了10%以上。该公司交付了8,083辆汽车，使第二季度交付量达到21,896辆，较第一季度增长了20.4%，尽管本季度第一季度受到了更多影响。在这些影响下，强劲的需求和较高的需求季节性可能会增加交付量。</blockquote></p><p> For the YTD period, NIO has delivered just under 42,000 vehicles, just 4% below its full-year tally of 43,728 vehicles during 2020. NIO remains on track to double its deliveries y/y, with 87,500 vehicles a conservative, achievable year-end target as demand seasonality and orders pick up in the winter months. NIO continues to show impressive sequential growth, with Q2 the fifth-consecutive quarter of q/q growth, and a continuation of that does support the year-end delivery target.</p><p><blockquote>今年迄今，蔚来已交付近42,000辆汽车，仅比2020年全年43,728辆汽车的交付量低4%。随着需求季节性和冬季订单的增加，蔚来的交付量仍有望同比翻一番，87,500辆是保守的、可实现的年终目标。蔚来继续表现出令人印象深刻的环比增长，第二季度是连续第五个季度环比增长，这种持续增长确实支持了年终交付目标。</blockquote></p><p> <b>Not Alone in Growth</b></p><p><blockquote><b>成长中并不孤单</b></blockquote></p><p> While NIO's deliveries were impressive, showing its ability to perform in the face of an industry-wide headwind, it's not the only Chinese manufacturer to show impressive growth.</p><p><blockquote>虽然蔚来的交付量令人印象深刻，显示了其在面对全行业逆风时的表现能力，但它并不是唯一一家表现出令人印象深刻增长的中国制造商。</blockquote></p><p> Fast-growing peer XPeng (XPEV) posted a new monthly record for June, delivering 6,565 vehicles, with the P7 recording its best month since launch at 4,730 units. While growth rates were impressive, at +459% y/y for 1H, +617% y/y for the month, and +439% y/y for Q2, XPeng had only just begun its production of the P7 in mid-May 2020 and did not complete its 10,000 unit goal until October 2020, so it isn't necessarily comparable.</p><p><blockquote>快速增长的同行小鹏汽车(XPEV)在6月份创下了新的月度纪录，交付了6,565辆汽车，其中P7创下了自推出以来最好的一个月，交付了4,730辆。虽然增长率令人印象深刻，上半年同比+459%，当月同比+617%，Q2同比+439%，但小鹏汽车在2020年5月中旬才刚刚开始生产P7，直到2020年10月才完成10,000辆的目标，因此不一定具有可比性。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7242f091fae22def7e8992e2e355cf79\" tg-width=\"1200\" tg-height=\"675\"><span>Graphic from XPeng</span></p><p><blockquote><p class=\"t-img-caption\"><span>图自小鹏汽车</span></p></blockquote></p><p> What's impressive for XPeng is that even with the later start to production compared to NIO, it's quickly catching up in terms of overall delivery numbers for the monthly and quarterly tallies. June and Q2's figures are just 19% and 21% lower than NIO's, meaning XPeng needs about 25% growth from current levels to match NIO's numbers. As XPeng continues to push its technological edge and broaden its vehicle lineup, with the limited edition P7 Wing and the upcoming G3i next week, it has the necessary catalysts to catch up to NIO relatively soon, as long as its production capacity enables it.</p><p><blockquote>令小鹏汽车印象深刻的是，尽管与蔚来相比投产较晚，但它在月度和季度总交付量方面正在迅速赶上。6月份和第二季度的数据仅比蔚来低19%和21%，这意味着小鹏汽车需要在当前水平上增长约25%才能与蔚来的数据相匹配。随着小鹏汽车继续提升其技术优势并拓宽其车辆阵容，凭借限量版P7 Wing和下周即将推出的G3i，只要其产能允许，它就有必要的催化剂可以相对较快地赶上蔚来。</blockquote></p><p> <b>What's Next?</b></p><p><blockquote><b>下一步是什么？</b></blockquote></p><p> NIO is one of the top pure-play EV manufacturers, and leading the Chinese cohort, although XPeng is quickly catching up. As a quick&nbsp;recap, NIO is launching in Norway during Q3, and has received the EWVTA for the ES8 while it preps its&nbsp;Oslo NIO House. The company also has a longer-term capacity expansion plan through Neo Park after it doubled its capacity arrangement with JAC. There's a lot to look forward to alongside revenue and delivery growth.</p><p><blockquote>蔚来是顶级纯电动汽车制造商之一，在中国领先，尽管小鹏汽车正在迅速迎头赶上。快速回顾一下，蔚来将于第三季度在挪威推出ES8，并在准备奥斯陆蔚来工厂时收到了ES8的EWVTA。在将与江淮汽车的产能安排增加一倍后，该公司还通过Neo Park制定了更长期的产能扩张计划。除了收入和交付增长，还有很多值得期待的地方。</blockquote></p><p></p><p> European expansion, and inevitably potential North American expansion, are both bright spots for NIO, serving to boost both deliveries and revenues by expanding sales outlets and increasing the number of potential customers. However, the costs to establish sales and service centers, NIO Houses, and possibly production facilities could be large; if NIO decides to keep production solely in China, it brings export costs and tariffs into play.</p><p><blockquote>欧洲扩张以及不可避免的北美扩张都是蔚来的亮点，通过扩大销售网点和增加潜在客户数量来提高交付量和收入。然而，建立销售和服务中心、蔚来机构以及可能的生产设施的成本可能很高；如果蔚来决定只在中国生产，出口成本和关税就会发挥作用。</blockquote></p><p> NIO's growth is visible, but the question that remains right now is the valuation - the company continues to perform well regardless of the circumstances, cruising through the chip shortage with slight impacts, but does the overall growth and change in the industry support extensive valuation growth?</p><p><blockquote>蔚来的增长是显而易见的，但现在仍然存在的问题是估值——无论情况如何，该公司都继续表现良好，在芯片短缺的情况下仅受到轻微影响，但行业的整体增长和变化是否支持广泛的估值增长？</blockquote></p><p> NIO's 2021 is poised for a second year of triple digit revenue growth, with RMB32.5-33.5 billion (US$5-5.2 billion) projected for 87,500-90,000 units delivered. While the rate of growth will cool from these levels moving forward (simply due to amounts), revenue growth will remain strong on a dollar basis, up ~US$3.5 billion/~68% for 2022 and ~US$4 billion/~45% for 2023 to reach ~$12.5 billion in revenues.</p><p><blockquote>蔚来2021年将迎来收入三位数增长的第二年，预计交付87,500-90,000台，收入将达到325-335亿元人民币（5-52亿美元）。虽然未来增长率将从这些水平降温（仅由于金额），但以美元计算的收入增长将保持强劲，2022年将增长约35亿美元/约68%，2022年将增长约40亿美元/约45%2023年收入将达到约125亿美元。</blockquote></p><p> Revenue growth at this degree comes at a time when EV adoption is reaching an inflection point, especially in main market China. As the nation pushes for more and more EVs on the road and more infrastructure supporting it, NIO stands to benefit through BaaS - expansion of battery swap station network to the thousands and eligibility for subsidies regardless of vehicle price.</p><p><blockquote>这种程度的收入增长正值电动汽车采用达到拐点之际，尤其是在主要市场中国。随着国家推动越来越多的电动汽车上路以及更多的基础设施支持它，蔚来将通过BaaS受益——将电池交换站网络扩大到数千个，并且无论车辆价格如何都有资格获得补贴。</blockquote></p><p> Yet even with EV adoption growing, the timelines for when EV cars will be the \"norm\" are still a bit divergent - some nations aim to be there by 2030, some aim for 2040; the overall picture is that it will take the better part of a decade of more for EVs to take over.</p><p><blockquote>然而，即使电动汽车的采用率不断提高，电动汽车何时成为“常态”的时间表仍然有些不同——一些国家的目标是到2030年实现，一些国家的目标是2040年；总体情况是，电动汽车还需要十年的大部分时间才能占据主导地位。</blockquote></p><p> That's a substantial amount of time for growth to unfold, which is where many people get caught only focusing on. NIO and its peers like XPeng and Tesla (TSLA) trade at higher multiples relative to ICE manufacturers that are quickly shifting into EVs. The three trade at 13-14.5x 2021 EV/sales, while Ford (F) and GM (GM) trade at ~1.4x 2021 EV/sales; this provides evidence that the leading pure-play EV manufacturers are valued higher for both their hyper-growth prospects and disruptive factors as EV adoption is poised to accelerate.</p><p><blockquote>这是成长展开的大量时间，这是许多人只关注的地方。相对于迅速转向电动汽车的内燃机制造商，蔚来及其小鹏汽车和特斯拉(TSLA)等同行的市盈率更高。这三家公司的交易价格为2021年EV/销量的13-14.5倍，而福特(F)和通用汽车(GM)的交易价格约为2021年EV/销量的1.4倍；这提供了证据，表明随着电动汽车的采用即将加速，领先的纯电动汽车制造商因其高速增长前景和颠覆性因素而受到更高的估值。</blockquote></p><p> With high multiples for growth and disruption, multiple expansion simply provides free money as growth continues; multiple contraction, on the other hand, could make it harder to see significant profits. If EVs are expected to take over and be the primary system on the road, can they continue to command double-digit EV/sales multiples, or will these manufacturers become the new \"ICE\" and trade at low multiples due to the amount of competition in the market and the shift to becoming the dominant technology?</p><p><blockquote>由于增长和破坏的倍数很高，随着增长的继续，倍数扩张只是提供了免费资金；另一方面，多重收缩可能会使大幅利润变得更加困难。如果电动汽车有望接管并成为道路上的主要系统，它们能否继续保持两位数的EV/销售倍数，或者这些制造商是否会成为新的“ICE”并因市场竞争和向主导技术的转变而以低倍数进行交易？</blockquote></p><p> Of course an argument can be made that EVs are only getting smarter and more technologically advanced with autonomous driving and virtual cockpits and more, but this is the case with cars in general - the technology is only improving, and it could be harder to gain a technological edge in five or ten years' time to garner premium multiples relative to peers on a tech basis. Competition and leveling of the playing field as EVs become the dominant tech on the road could serve to bring multiples lower as every manufacturer will be fighting for the same pie - the disruptive factor will have eroded.</p><p><blockquote>当然，可以说电动汽车只会通过自动驾驶和虚拟驾驶舱等变得更加智能、技术更加先进，但汽车的总体情况就是如此——技术只是在进步，而且可能更难获得技术优势在五年或十年内获得相对于同行的溢价倍数。随着电动汽车成为道路上的主导技术，竞争和公平的竞争环境可能会降低市盈率，因为每个制造商都将争夺同一个蛋糕——破坏性因素将被削弱。</blockquote></p><p> This isn't just a potential headwind for NIO, but for XPeng and other EV players that have earned huge valuations relative to revenues for the growth and disruption story. Assuming that by 2023, NIO's revenues are projected reach $12.5 billion, but forward EV/sales has fallen from the current ~14x to ~10x, that represents about 50% upside to $75 to a $125 billion valuation. However, if NIO can sustain its EV/sales multiple profile as deliveries grow and tap into new geographies, the upside potential grows substantially.</p><p><blockquote>这不仅对蔚来来说是一个潜在的阻力，对小鹏汽车和其他电动汽车公司来说也是一个潜在的阻力，这些公司因增长和颠覆故事而获得了相对于收入而言的巨大估值。假设到2023年，蔚来的收入预计将达到125亿美元，但远期EV/销售额已从目前的约14倍下降至约10倍，这意味着约50%的上涨空间达到75美元至1250亿美元的估值。然而，如果蔚来能够随着交付量的增长和进入新的地区而维持其电动汽车/销售的多重形象，那么上行潜力将大幅增长。</blockquote></p><p> <b>Overall</b></p><p><blockquote><b>总的</b></blockquote></p><p> NIO has found its groove again with June deliveries reaching a new monthly record, pushing Q2 deliveries to the high end of guidance given during the chip shortage. The manufacturer is showing the ability to perform regardless of the obstacles in the industry, and is setting itself up to reach 87,500 deliveries for the year with strong seasonality in 2H. Revenues are expected to grow for a second straight year at triple-digit rates to RMB32.5-RMB33.5 billion, with NIO continuing its growth story internationally and domestically.</p><p><blockquote>蔚来再次找到了最佳状态，6月份的交付量创下了新的月度纪录，将第二季度的交付量推至芯片短缺期间给出的指导值的高端。该制造商展示了不顾行业障碍的表现能力，并计划今年交付量达到87,500辆，下半年季节性较强。随着蔚来在国际和国内继续其增长故事，收入预计将连续第二年以三位数的速度增长，达到人民币32.5至人民币335亿元。</blockquote></p><p> While its growth is visible, one of NIO's bigger threats moving forward doesn't stem from the business, but rather the valuation. EV companies are trading at higher multiples than ICE manufacturers due to faster growth, disruption, and tech, but if EVs are expected to become the standard, more competition is likely to erode the premiums attached to growth and disruption.</p><p><blockquote>虽然其增长是显而易见的，但蔚来未来面临的更大威胁之一并不来自业务，而是估值。由于更快的增长、颠覆和技术，电动汽车公司的市盈率高于内燃机制造商，但如果电动汽车有望成为标准，更多的竞争可能会侵蚀与增长和颠覆相关的溢价。</blockquote></p><p></p><p> Therefore, multiple contraction could be the long-term headwind for shares, as ICE manufacturers, the old standard, trade at much lower EV/sales multiples. Given the strong rally over the past six weeks, NIO's valuation brings shares back to a more neutral outlook, down from the bullish stances from March 3 to June 1 when the valuation was more attractive.</p><p><blockquote>因此，倍数收缩可能是股价的长期阻力，因为旧标准ICE制造商的EV/销售额倍数要低得多。鉴于过去六周的强劲反弹，蔚来的估值使股价回到了更加中性的前景，低于3月3日至6月1日估值更具吸引力的看涨立场。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4437567-nio-leading-the-way-watching-valuation-multiples\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4437567-nio-leading-the-way-watching-valuation-multiples","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106243819","content_text":"Summary\n\nAfter two months of relatively weaker deliveries from some chip shortage impacts, NIO regained its stride and posted another monthly delivery record for June.\nDeliveries were 8,083 vehicles, pushing Q2 to 21,896 vehicles, +20.4% growth from Q1 even with chip shortage impacts early in the quarter.\nWhile NIO still leads the way in the domestic Chinese group, XPeng is quickly catching up in terms of delivery numbers.\nEven with visible growth catalysts, expectations for EVs to become the new standard raise risks to multiple contraction from erosion of hyper-growth/disruption multiples.\nGiven the strong rally over the past six weeks, NIO's valuation brings shares back to a more neutral outlook, down from the bullish stances from March 3 to June 1.\n\nAndy Feng/iStock Editorial via Getty Images\nEV companies are finding themselves back in favor with investors, with a handful of manufacturers seeing double and triple-digit rallies in a six-week span since mid-May. NIO (NIO) is one of those, with shares up over 60% in that period as the manufacturer continues with its growth and international expansion plans, while navigating the chip shortage quite well. June deliveries came in strong, and set the manufacturer up for another success story in 2H, although the strong rally could see a breather soon.\nAnother Monthly Record\nGraphic from NIO\nAfter two months of relatively weaker deliveries from some chip shortage impacts, NIO regained its stride and posted another monthly delivery record for June, over 10% from the previous record. The company delivered 8,083 vehicles, pushing Q2 deliveries to 21,896 vehicles, representing +20.4% growth from Q1 even with more of the impacts being felt during the first part of this quarter. Strong demand and higher seasonality of demand likely boosted deliveries amid these impacts.\nFor the YTD period, NIO has delivered just under 42,000 vehicles, just 4% below its full-year tally of 43,728 vehicles during 2020. NIO remains on track to double its deliveries y/y, with 87,500 vehicles a conservative, achievable year-end target as demand seasonality and orders pick up in the winter months. NIO continues to show impressive sequential growth, with Q2 the fifth-consecutive quarter of q/q growth, and a continuation of that does support the year-end delivery target.\nNot Alone in Growth\nWhile NIO's deliveries were impressive, showing its ability to perform in the face of an industry-wide headwind, it's not the only Chinese manufacturer to show impressive growth.\nFast-growing peer XPeng (XPEV) posted a new monthly record for June, delivering 6,565 vehicles, with the P7 recording its best month since launch at 4,730 units. While growth rates were impressive, at +459% y/y for 1H, +617% y/y for the month, and +439% y/y for Q2, XPeng had only just begun its production of the P7 in mid-May 2020 and did not complete its 10,000 unit goal until October 2020, so it isn't necessarily comparable.\nGraphic from XPeng\nWhat's impressive for XPeng is that even with the later start to production compared to NIO, it's quickly catching up in terms of overall delivery numbers for the monthly and quarterly tallies. June and Q2's figures are just 19% and 21% lower than NIO's, meaning XPeng needs about 25% growth from current levels to match NIO's numbers. As XPeng continues to push its technological edge and broaden its vehicle lineup, with the limited edition P7 Wing and the upcoming G3i next week, it has the necessary catalysts to catch up to NIO relatively soon, as long as its production capacity enables it.\nWhat's Next?\nNIO is one of the top pure-play EV manufacturers, and leading the Chinese cohort, although XPeng is quickly catching up. As a quick recap, NIO is launching in Norway during Q3, and has received the EWVTA for the ES8 while it preps its Oslo NIO House. The company also has a longer-term capacity expansion plan through Neo Park after it doubled its capacity arrangement with JAC. There's a lot to look forward to alongside revenue and delivery growth.\nEuropean expansion, and inevitably potential North American expansion, are both bright spots for NIO, serving to boost both deliveries and revenues by expanding sales outlets and increasing the number of potential customers. However, the costs to establish sales and service centers, NIO Houses, and possibly production facilities could be large; if NIO decides to keep production solely in China, it brings export costs and tariffs into play.\nNIO's growth is visible, but the question that remains right now is the valuation - the company continues to perform well regardless of the circumstances, cruising through the chip shortage with slight impacts, but does the overall growth and change in the industry support extensive valuation growth?\nNIO's 2021 is poised for a second year of triple digit revenue growth, with RMB32.5-33.5 billion (US$5-5.2 billion) projected for 87,500-90,000 units delivered. While the rate of growth will cool from these levels moving forward (simply due to amounts), revenue growth will remain strong on a dollar basis, up ~US$3.5 billion/~68% for 2022 and ~US$4 billion/~45% for 2023 to reach ~$12.5 billion in revenues.\nRevenue growth at this degree comes at a time when EV adoption is reaching an inflection point, especially in main market China. As the nation pushes for more and more EVs on the road and more infrastructure supporting it, NIO stands to benefit through BaaS - expansion of battery swap station network to the thousands and eligibility for subsidies regardless of vehicle price.\nYet even with EV adoption growing, the timelines for when EV cars will be the \"norm\" are still a bit divergent - some nations aim to be there by 2030, some aim for 2040; the overall picture is that it will take the better part of a decade of more for EVs to take over.\nThat's a substantial amount of time for growth to unfold, which is where many people get caught only focusing on. NIO and its peers like XPeng and Tesla (TSLA) trade at higher multiples relative to ICE manufacturers that are quickly shifting into EVs. The three trade at 13-14.5x 2021 EV/sales, while Ford (F) and GM (GM) trade at ~1.4x 2021 EV/sales; this provides evidence that the leading pure-play EV manufacturers are valued higher for both their hyper-growth prospects and disruptive factors as EV adoption is poised to accelerate.\nWith high multiples for growth and disruption, multiple expansion simply provides free money as growth continues; multiple contraction, on the other hand, could make it harder to see significant profits. If EVs are expected to take over and be the primary system on the road, can they continue to command double-digit EV/sales multiples, or will these manufacturers become the new \"ICE\" and trade at low multiples due to the amount of competition in the market and the shift to becoming the dominant technology?\nOf course an argument can be made that EVs are only getting smarter and more technologically advanced with autonomous driving and virtual cockpits and more, but this is the case with cars in general - the technology is only improving, and it could be harder to gain a technological edge in five or ten years' time to garner premium multiples relative to peers on a tech basis. Competition and leveling of the playing field as EVs become the dominant tech on the road could serve to bring multiples lower as every manufacturer will be fighting for the same pie - the disruptive factor will have eroded.\nThis isn't just a potential headwind for NIO, but for XPeng and other EV players that have earned huge valuations relative to revenues for the growth and disruption story. Assuming that by 2023, NIO's revenues are projected reach $12.5 billion, but forward EV/sales has fallen from the current ~14x to ~10x, that represents about 50% upside to $75 to a $125 billion valuation. However, if NIO can sustain its EV/sales multiple profile as deliveries grow and tap into new geographies, the upside potential grows substantially.\nOverall\nNIO has found its groove again with June deliveries reaching a new monthly record, pushing Q2 deliveries to the high end of guidance given during the chip shortage. The manufacturer is showing the ability to perform regardless of the obstacles in the industry, and is setting itself up to reach 87,500 deliveries for the year with strong seasonality in 2H. Revenues are expected to grow for a second straight year at triple-digit rates to RMB32.5-RMB33.5 billion, with NIO continuing its growth story internationally and domestically.\nWhile its growth is visible, one of NIO's bigger threats moving forward doesn't stem from the business, but rather the valuation. EV companies are trading at higher multiples than ICE manufacturers due to faster growth, disruption, and tech, but if EVs are expected to become the standard, more competition is likely to erode the premiums attached to growth and disruption.\nTherefore, multiple contraction could be the long-term headwind for shares, as ICE manufacturers, the old standard, trade at much lower EV/sales multiples. Given the strong rally over the past six weeks, NIO's valuation brings shares back to a more neutral outlook, down from the bullish stances from March 3 to June 1 when the valuation was more attractive.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":909,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156848248,"gmtCreate":1625213972384,"gmtModify":1633942480585,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Wait for big correction it will go back to the 40s, and big danger of NIO announcing offerings soon","listText":"Wait for big correction it will go back to the 40s, and big danger of NIO announcing offerings soon","text":"Wait for big correction it will go back to the 40s, and big danger of NIO announcing offerings soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/156848248","repostId":"1158331538","repostType":2,"repost":{"id":"1158331538","kind":"news","pubTimestamp":1625211143,"share":"https://www.laohu8.com/m/news/1158331538?lang=zh_CN&edition=full","pubTime":"2021-07-02 15:32","market":"us","language":"en","title":"Why NIO Stock Climbed and Then Fell on Thursday<blockquote>为什么蔚来股价周四先涨后跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158331538","media":"Motley Fool","summary":"The market loved the June delivery numbers, until it didn't.","content":"<p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> Investors apparently aren't sure what to think about&nbsp;<b>NIO</b>'s(NYSE:NIO)&nbsp;June deliveries update. The stock shot up more than 3.5% at the open on Thursday before giving that back and then some, trading down 4.3% as of closed.</p><p><blockquote>投资者显然不确定该考虑什么<b>蔚来</b>（纽约证券交易所股票代码：蔚来）六月交付更新。该股周四开盘上涨超过3.5%，随后有所回落，截至收盘下跌4.3%。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> NIO, a fast-growing Chinese&nbsp;electric vehicle(EV) maker, delivered 8,083 vehicles in June, a new monthly record and more than 116% more vehicles than delivered in June 2019. The company delivered 21,896 vehicles in the second quarter, up from 20,060 in the first quarter.</p><p><blockquote>快速增长的中国电动汽车（EV）制造商蔚来6月份交付了8,083辆汽车，创下月度新纪录，比2019年6月交付量增加了116%以上。该公司第二季度交付了21,896辆汽车，高于第一季度的20,060辆。</blockquote></p><p> At first glance there is a lot to like about those results, and the market reacted favorably before falling back down to earth.</p><p><blockquote>乍一看，这些结果有很多值得喜欢的地方，市场在回落之前反应良好。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1249e21fdd61b7eed64f4aa86c503082\" tg-width=\"2000\" tg-height=\"1111\"><span>THE NIO E-T SEDAN. IMAGE SOURCE: NIO.</span></p><p><blockquote><p class=\"t-img-caption\"><span>蔚来E-T轿车。图片来源：蔚来。</span></p></blockquote></p><p> But why the sell-off? It could be that investors are a bit nervous about whether NIO will hit analyst expectations of 90,000 to 100,000 deliveries for the year. The company is at just under 42,000 through six months, and with&nbsp;chip shortages&nbsp;and other supply chain issues weighing on the automotive industry it is possible production could slow as the year goes on.</p><p><blockquote>但为什么会出现抛售呢？投资者可能对蔚来今年交付量是否会达到分析师预期的9万至10万辆感到有点紧张。该公司六个月的销量略低于42,000辆，由于芯片短缺和其他供应链问题给汽车行业带来压力，随着时间的推移，产量可能会放缓。</blockquote></p><p> The sell-off was not limited to NIO. Fellow Chinese automaker&nbsp;<b>XPeng</b>(NYSE:XPEV)&nbsp;had a similar response,soaring&nbsp;as much as 8% higher early in the trading session on the strength of its delivery report before falling into the red as the day went on.</p><p><blockquote>抛售不仅限于蔚来。中国汽车制造商<b>小鹏</b>（纽约证券交易所股票代码：XPEV）也有类似的反应，在交易时段早些时候，由于交付报告的强劲，股价飙升8%，随后随着时间的推移陷入亏损。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> Day-to-day volatility aside, there is nothing in the report to indicate NIO is not moving in the right direction. NIO is quickly becoming an EV champion in its important home market, and is plotting its expansion into Europe in the months to come. While not profitable, NIO&nbsp;lost less than expected&nbsp;in the first quarter, and as of the end of March had more than $7 billion in cash on the balance sheet to fund its expansion.</p><p><blockquote>除了日常波动之外，报告中没有任何内容表明蔚来没有朝着正确的方向前进。蔚来正在迅速成为其重要国内市场的电动汽车冠军，并计划在未来几个月内向欧洲扩张。虽然没有盈利，但蔚来第一季度的亏损低于预期，截至3月底，资产负债表上有超过70亿美元的现金为其扩张提供资金。</blockquote></p><p> It's still early days in the EV market and some volatility is to be expected, but there is nothing in the June delivery report that suggests it's time to hit the panic button.</p><p><blockquote>电动汽车市场仍处于早期阶段，预计会出现一些波动，但6月份的交付报告中没有任何内容表明是时候按下恐慌按钮了。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why NIO Stock Climbed and Then Fell on Thursday<blockquote>为什么蔚来股价周四先涨后跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy NIO Stock Climbed and Then Fell on Thursday<blockquote>为什么蔚来股价周四先涨后跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-07-02 15:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> Investors apparently aren't sure what to think about&nbsp;<b>NIO</b>'s(NYSE:NIO)&nbsp;June deliveries update. The stock shot up more than 3.5% at the open on Thursday before giving that back and then some, trading down 4.3% as of closed.</p><p><blockquote>投资者显然不确定该考虑什么<b>蔚来</b>（纽约证券交易所股票代码：蔚来）六月交付更新。该股周四开盘上涨超过3.5%，随后有所回落，截至收盘下跌4.3%。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> NIO, a fast-growing Chinese&nbsp;electric vehicle(EV) maker, delivered 8,083 vehicles in June, a new monthly record and more than 116% more vehicles than delivered in June 2019. The company delivered 21,896 vehicles in the second quarter, up from 20,060 in the first quarter.</p><p><blockquote>快速增长的中国电动汽车（EV）制造商蔚来6月份交付了8,083辆汽车，创下月度新纪录，比2019年6月交付量增加了116%以上。该公司第二季度交付了21,896辆汽车，高于第一季度的20,060辆。</blockquote></p><p> At first glance there is a lot to like about those results, and the market reacted favorably before falling back down to earth.</p><p><blockquote>乍一看，这些结果有很多值得喜欢的地方，市场在回落之前反应良好。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1249e21fdd61b7eed64f4aa86c503082\" tg-width=\"2000\" tg-height=\"1111\"><span>THE NIO E-T SEDAN. IMAGE SOURCE: NIO.</span></p><p><blockquote><p class=\"t-img-caption\"><span>蔚来E-T轿车。图片来源：蔚来。</span></p></blockquote></p><p> But why the sell-off? It could be that investors are a bit nervous about whether NIO will hit analyst expectations of 90,000 to 100,000 deliveries for the year. The company is at just under 42,000 through six months, and with&nbsp;chip shortages&nbsp;and other supply chain issues weighing on the automotive industry it is possible production could slow as the year goes on.</p><p><blockquote>但为什么会出现抛售呢？投资者可能对蔚来今年交付量是否会达到分析师预期的9万至10万辆感到有点紧张。该公司六个月的销量略低于42,000辆，由于芯片短缺和其他供应链问题给汽车行业带来压力，随着时间的推移，产量可能会放缓。</blockquote></p><p> The sell-off was not limited to NIO. Fellow Chinese automaker&nbsp;<b>XPeng</b>(NYSE:XPEV)&nbsp;had a similar response,soaring&nbsp;as much as 8% higher early in the trading session on the strength of its delivery report before falling into the red as the day went on.</p><p><blockquote>抛售不仅限于蔚来。中国汽车制造商<b>小鹏</b>（纽约证券交易所股票代码：XPEV）也有类似的反应，在交易时段早些时候，由于交付报告的强劲，股价飙升8%，随后随着时间的推移陷入亏损。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> Day-to-day volatility aside, there is nothing in the report to indicate NIO is not moving in the right direction. NIO is quickly becoming an EV champion in its important home market, and is plotting its expansion into Europe in the months to come. While not profitable, NIO&nbsp;lost less than expected&nbsp;in the first quarter, and as of the end of March had more than $7 billion in cash on the balance sheet to fund its expansion.</p><p><blockquote>除了日常波动之外，报告中没有任何内容表明蔚来没有朝着正确的方向前进。蔚来正在迅速成为其重要国内市场的电动汽车冠军，并计划在未来几个月内向欧洲扩张。虽然没有盈利，但蔚来第一季度的亏损低于预期，截至3月底，资产负债表上有超过70亿美元的现金为其扩张提供资金。</blockquote></p><p> It's still early days in the EV market and some volatility is to be expected, but there is nothing in the June delivery report that suggests it's time to hit the panic button.</p><p><blockquote>电动汽车市场仍处于早期阶段，预计会出现一些波动，但6月份的交付报告中没有任何内容表明是时候按下恐慌按钮了。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/07/01/why-nio-stock-climbed-and-then-fell-on-thursday/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.fool.com/investing/2021/07/01/why-nio-stock-climbed-and-then-fell-on-thursday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158331538","content_text":"What happened\nInvestors apparently aren't sure what to think about NIO's(NYSE:NIO) June deliveries update. The stock shot up more than 3.5% at the open on Thursday before giving that back and then some, trading down 4.3% as of closed.\nSo what\nNIO, a fast-growing Chinese electric vehicle(EV) maker, delivered 8,083 vehicles in June, a new monthly record and more than 116% more vehicles than delivered in June 2019. The company delivered 21,896 vehicles in the second quarter, up from 20,060 in the first quarter.\nAt first glance there is a lot to like about those results, and the market reacted favorably before falling back down to earth.\nTHE NIO E-T SEDAN. IMAGE SOURCE: NIO.\nBut why the sell-off? It could be that investors are a bit nervous about whether NIO will hit analyst expectations of 90,000 to 100,000 deliveries for the year. The company is at just under 42,000 through six months, and with chip shortages and other supply chain issues weighing on the automotive industry it is possible production could slow as the year goes on.\nThe sell-off was not limited to NIO. Fellow Chinese automaker XPeng(NYSE:XPEV) had a similar response,soaring as much as 8% higher early in the trading session on the strength of its delivery report before falling into the red as the day went on.\nNow what\nDay-to-day volatility aside, there is nothing in the report to indicate NIO is not moving in the right direction. NIO is quickly becoming an EV champion in its important home market, and is plotting its expansion into Europe in the months to come. While not profitable, NIO lost less than expected in the first quarter, and as of the end of March had more than $7 billion in cash on the balance sheet to fund its expansion.\nIt's still early days in the EV market and some volatility is to be expected, but there is nothing in the June delivery report that suggests it's time to hit the panic button.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156841695,"gmtCreate":1625213918217,"gmtModify":1633942481753,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"not because of covid but because of its bullshit&nbsp;valuation, people are just starting to wake up to it.&nbsp;","listText":"not because of covid but because of its bullshit&nbsp;valuation, people are just starting to wake up to it.&nbsp;","text":"not because of covid but because of its bullshit valuation, people are just starting to wake up to it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/156841695","repostId":"1171098897","repostType":2,"repost":{"id":"1171098897","kind":"news","pubTimestamp":1625207375,"share":"https://www.laohu8.com/m/news/1171098897?lang=zh_CN&edition=full","pubTime":"2021-07-02 14:29","market":"us","language":"en","title":"Is Nio Rally Over For Now?<blockquote>蔚来反弹暂时结束了吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171098897","media":"Benzinga","summary":"Shares of Chinese electric vehicle maker Nio Inc. declined more than 4% in the regular trading sessi","content":"<p><div> Shares of Chinese electric vehicle maker Nio Inc. declined more than 4% in the regular trading session on Thursday. What Happened:The decline in Nio’s shares comes after three straight days of gains. ...</p><p><blockquote><div>中国电动汽车制造商蔚来的股价在周四常规交易时段下跌超过4%。发生了什么：蔚来股价在连续三天上涨后下跌。...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/07/21821955/is-nio-rally-over-for-now\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/07/21821955/is-nio-rally-over-for-now\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Nio Rally Over For Now?<blockquote>蔚来反弹暂时结束了吗？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Nio Rally Over For Now?<blockquote>蔚来反弹暂时结束了吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-07-02 14:29</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Shares of Chinese electric vehicle maker Nio Inc. declined more than 4% in the regular trading session on Thursday. What Happened:The decline in Nio’s shares comes after three straight days of gains. ...</p><p><blockquote><div>中国电动汽车制造商蔚来的股价在周四常规交易时段下跌超过4%。发生了什么：蔚来股价在连续三天上涨后下跌。...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/07/21821955/is-nio-rally-over-for-now\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/07/21821955/is-nio-rally-over-for-now\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/news/21/07/21821955/is-nio-rally-over-for-now\">Benzinga</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来"},"source_url":"https://www.benzinga.com/news/21/07/21821955/is-nio-rally-over-for-now","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171098897","content_text":"Shares of Chinese electric vehicle maker Nio Inc. declined more than 4% in the regular trading session on Thursday.\nWhat Happened:The decline in Nio’s shares comes after three straight days of gains. The shares had risen above the $50 mark on Tuesday for the first time since early March amid bullish sentiment in the electric vehicle sector.\nNio’s shares closed 4.3% lower in Thursday’s regular trading session at $50.90.\nThe loss of momentum in Nio stock was attributed to concerns over theresurgance of COVID-19in the Asia-Pacific region, with a focus on the Delta variant.\nDo Bullish Factors Remain?Nio stock closed above the 30 days and 200 days simple moving averages on Thursday, indicating overall bullish sentiments, as per Trading View data. A relative strength index (RSI) of 65.91 is also on the higher side, indicating a potential uptrend.\nNioreported a 116.1% year-over-year surgein June deliveries on Tuesday, with the monthly increase representing a record for the company.\nIn addition, Citi has recently increased its price target on the Nio stock to $72 from $58.30 and maintained a buy rating on the stock.\nNio is also seeing high interest from retail investors.As of late Thursday, the company was the eleventh most-discussed stock on Reddit’s r/WallStreetBets forum, data from Quiver Quantitative showed. The WSB forum has 10.6 million members and is known for short squeezes.\nNio, seen as a rival to Tesla Inc., has pioneered the concept ofbattery-as-a-servicethat would allow users to rent a battery instead of purchasing one.\nNio has significantly accelerated the pace of building swap stations in the past two weeks. The EV maker aims to have 500 battery swap stations in operation in China by the end of this year.\nIn addition,  Nio has recentlyexpandedinto Norway and is on track to sell its ES8 SUV in the European nation.\nThe ET7, Nio’sfourth mass-produced model, is scheduled for commercial launch in the first quarter of 2022.","news_type":1,"symbols_score_info":{"TSLA":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":825,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158523173,"gmtCreate":1625157349892,"gmtModify":1633943026938,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"HUGE dip is near, current valuation way too overprice. Tesla can deliver x10 cars more than NIO per month. Big correction incoming.&nbsp;","listText":"HUGE dip is near, current valuation way too overprice. Tesla can deliver x10 cars more than NIO per month. Big correction incoming.&nbsp;","text":"HUGE dip is near, current valuation way too overprice. Tesla can deliver x10 cars more than NIO per month. Big correction incoming.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/158523173","repostId":"1114101721","repostType":2,"repost":{"id":"1114101721","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625126532,"share":"https://www.laohu8.com/m/news/1114101721?lang=zh_CN&edition=full","pubTime":"2021-07-01 16:02","market":"us","language":"en","title":"NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% YOY<blockquote>蔚来2021年6月交付8083辆，同比增长116.1%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1114101721","media":"Tiger Newspress","summary":"NIO delivered 21,896 vehicles in the three months ended June 2021, increasing by 111.9% year-over-year. Cumulative deliveries of the ES8, ES6 and EC6 as of June 30, 2021 reached 117,597. NIO Inc., a pioneer and a leading manufacturer of premium smart electric vehicles in China, today announced its June and second quarter 2021 delivery results.NIO delivered 8,083 vehicles in June 2021, a new monthly record representing a robust 116.1% year-over-year growth. The deliveries consisted of 1,498 ES8s,","content":"<p><ul>  <li><b><i>NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% year-over-year</i></b></li>  <li><b><i>NIO delivered 21,896 vehicles in the three months ended June 2021, increasing by 111.9% year-over-year</i></b></li>  <li><b><i>Cumulative deliveries of the ES8, ES6 and EC6 as of June 30, 2021 reached 117,597</i></b></li> </ul> NIO Inc., a pioneer and a leading manufacturer of premium smart electric vehicles in China, today announced its June and second quarter 2021 delivery results.</p><p><blockquote><ul><li><b><i>蔚来2021年6月交付8083辆，同比增长116.1%</i></b></li><li><b><i>蔚来在截至2021年6月的三个月内交付了21,896辆汽车，同比增长111.9%</i></b></li><li><b><i>ES8、ES6和EC6截至2021年6月30日的累计交付量达到117,597辆</i></b></li></ul>国内高端智能电动汽车的先行者和领先制造商蔚来今日公布了2021年6月及第二季度交付业绩。</blockquote></p><p> NIO delivered 8,083 vehicles in June 2021, a new monthly record representing a robust 116.1% year-over-year growth. The deliveries consisted of 1,498 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,755 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,830 EC6s, the Company’s five-seater premium smart electric coupe SUV. NIO delivered 21,896 vehicles in the three months ended June 2021, a new quarterly record representing a strong increase of 111.9% year-over-year. As of June 30, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 117,597 vehicles.</p><p><blockquote>蔚来在2021年6月交付了8,083辆汽车，创下新的月度纪录，同比强劲增长116.1%。交付量包括1,498辆ES8（该公司的六座或七座旗舰高级智能电动SUV）、3,755辆ES6（该公司的五座高性能高级智能电动SUV）和2,830辆EC6（该公司的五座高级智能电动轿跑SUV）。截至2021年6月的三个月内，蔚来交付了21,896辆汽车，创下新的季度纪录，同比强劲增长111.9%。截至2021年6月30日，ES8、ES6和EC6累计交付量达到117,597辆。</blockquote></p><p> NIO&nbsp;stock&nbsp;rose&nbsp;0.7%&nbsp;in premarket trading.</p><p><blockquote>蔚来股价在盘前交易中上涨0。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/649d5139ca369d18c052a809e36398a5\" tg-width=\"1302\" tg-height=\"663\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% YOY<blockquote>蔚来2021年6月交付8083辆，同比增长116.1%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO delivered 8,083 vehicles in June 2021, increasing by 116.1% YOY<blockquote>蔚来2021年6月交付8083辆，同比增长116.1%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-07-01 16:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><ul>  <li><b><i>NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% year-over-year</i></b></li>  <li><b><i>NIO delivered 21,896 vehicles in the three months ended June 2021, increasing by 111.9% year-over-year</i></b></li>  <li><b><i>Cumulative deliveries of the ES8, ES6 and EC6 as of June 30, 2021 reached 117,597</i></b></li> </ul> NIO Inc., a pioneer and a leading manufacturer of premium smart electric vehicles in China, today announced its June and second quarter 2021 delivery results.</p><p><blockquote><ul><li><b><i>蔚来2021年6月交付8083辆，同比增长116.1%</i></b></li><li><b><i>蔚来在截至2021年6月的三个月内交付了21,896辆汽车，同比增长111.9%</i></b></li><li><b><i>ES8、ES6和EC6截至2021年6月30日的累计交付量达到117,597辆</i></b></li></ul>国内高端智能电动汽车的先行者和领先制造商蔚来今日公布了2021年6月及第二季度交付业绩。</blockquote></p><p> NIO delivered 8,083 vehicles in June 2021, a new monthly record representing a robust 116.1% year-over-year growth. The deliveries consisted of 1,498 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,755 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,830 EC6s, the Company’s five-seater premium smart electric coupe SUV. NIO delivered 21,896 vehicles in the three months ended June 2021, a new quarterly record representing a strong increase of 111.9% year-over-year. As of June 30, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 117,597 vehicles.</p><p><blockquote>蔚来在2021年6月交付了8,083辆汽车，创下新的月度纪录，同比强劲增长116.1%。交付量包括1,498辆ES8（该公司的六座或七座旗舰高级智能电动SUV）、3,755辆ES6（该公司的五座高性能高级智能电动SUV）和2,830辆EC6（该公司的五座高级智能电动轿跑SUV）。截至2021年6月的三个月内，蔚来交付了21,896辆汽车，创下新的季度纪录，同比强劲增长111.9%。截至2021年6月30日，ES8、ES6和EC6累计交付量达到117,597辆。</blockquote></p><p> NIO&nbsp;stock&nbsp;rose&nbsp;0.7%&nbsp;in premarket trading.</p><p><blockquote>蔚来股价在盘前交易中上涨0。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/649d5139ca369d18c052a809e36398a5\" tg-width=\"1302\" tg-height=\"663\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114101721","content_text":"NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% year-over-year\nNIO delivered 21,896 vehicles in the three months ended June 2021, increasing by 111.9% year-over-year\nCumulative deliveries of the ES8, ES6 and EC6 as of June 30, 2021 reached 117,597\n\nNIO Inc., a pioneer and a leading manufacturer of premium smart electric vehicles in China, today announced its June and second quarter 2021 delivery results.\nNIO delivered 8,083 vehicles in June 2021, a new monthly record representing a robust 116.1% year-over-year growth. The deliveries consisted of 1,498 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,755 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,830 EC6s, the Company’s five-seater premium smart electric coupe SUV. NIO delivered 21,896 vehicles in the three months ended June 2021, a new quarterly record representing a strong increase of 111.9% year-over-year. As of June 30, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 117,597 vehicles.\nNIO stock rose 0.7% in premarket trading.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158642618,"gmtCreate":1625149070834,"gmtModify":1631884275906,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Too overprice too overhype it will fall down so fast.More&nbsp;expensive than GM an establish brand ? Wake up and smell the coffee. NIO will start offerings soon due to its overprice valuations, incoming dip","listText":"Too overprice too overhype it will fall down so fast.More&nbsp;expensive than GM an establish brand ? Wake up and smell the coffee. NIO will start offerings soon due to its overprice valuations, incoming dip","text":"Too overprice too overhype it will fall down so fast.More expensive than GM an establish brand ? Wake up and smell the coffee. NIO will start offerings soon due to its overprice valuations, incoming dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158642618","repostId":"1100462654","repostType":2,"repost":{"id":"1100462654","kind":"news","pubTimestamp":1625142600,"share":"https://www.laohu8.com/m/news/1100462654?lang=zh_CN&edition=full","pubTime":"2021-07-01 20:30","market":"us","language":"en","title":"NIO’s June Deliveries Were Impressive. It’s Good News for EV Makers.<blockquote>蔚来6月份的交付量令人印象深刻。这对电动汽车制造商来说是个好消息。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100462654","media":"Barrons","summary":"The Chinese electric- vehicle maker NIO delivered a record number of cars in June, sending the stock","content":"<p>The Chinese electric- vehicle maker NIO delivered a record number of cars in June, sending the stock higher again. Shares of other EV makers selling in China, from Tesla to Li Auto, should benefit from the news.</p><p><blockquote>中国电动汽车制造商蔚来6月份交付的汽车数量创历史新高，推动该股再次走高。从特斯拉到理想汽车，在华销售的其他电动汽车制造商的股价应该会受益于这一消息。</blockquote></p><p> NIO (ticker: NIO) reported 8,083 vehicle deliveries for June, up from 6,711 in May, marking the first time monthly deliveries cracked the 8,000 mark. For the second quarter, NIO delivered just under 22,000 cars, the high end of the range the company predicted at the beginning of June.</p><p><blockquote>蔚来（股票代码：蔚来）报告6月份汽车交付量为8,083辆，高于5月份的6,711辆，这是月度交付量首次突破8,000辆大关。第二季度，蔚来交付了不到22,000辆汽车，这是该公司6月初预测的高端产品。</blockquote></p><p> It’s a good result. Not only does it demonstrate that NIO’s production capacity is continuing to grow, it shows demand for EVs in China remains strong. The delivery figure also strengthens the case that the&nbsp;semiconductor shortage&nbsp;that limited global automotive production in the first half of 2021 is starting to fade. The latter two conclusions are good news for all EV manufacturers.</p><p><blockquote>这是一个很好的结果。这不仅表明蔚来的产能持续增长，也表明中国对电动汽车的需求依然强劲。交付数据还强化了2021年上半年限制全球汽车生产的半导体短缺正在开始消退的事实。后两个结论对所有电动汽车制造商来说都是好消息。</blockquote></p><p> NIO stock was up 2.8% in premarket trading. Futures on the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average,meanwhile, are close to flat.</p><p><blockquote>蔚来股价在盘前交易中上涨2.8%。与此同时，标准普尔500指数和道琼斯工业平均指数的期货接近持平。</blockquote></p><p> Investors and traders have been anticipating&nbsp;a good delivery result. NIO stock rose 38% in June and is up 18% week to date. Citigroup analyst&nbsp;Jeff Chung&nbsp;increased his target for NIO’s stock price Wednesday to $72 a share, partly because he saw strong demand for EVs.</p><p><blockquote>投资者和交易员一直期待良好的交割结果。蔚来股价6月份上涨38%，本周迄今上涨18%。花旗集团分析师Jeff Chung周三将蔚来股价目标上调至每股72美元，部分原因是他看到了电动汽车的强劲需求。</blockquote></p><p> Recent gains have pushed the stock back into positive territory for the year. NIO stock is now up 9% year to date, though it is still down about 21% from its January 52-week high of about $67.</p><p><blockquote>最近的上涨已将该股推回到今年的正值区域。蔚来股价今年迄今已上涨9%，但仍较1月份约67美元的52周高点下跌约21%。</blockquote></p><p> The gains have pushed NIO’s market capitalization to about $87 billion, putting it past&nbsp;General Motors(GM) and its $86 billion capitalization.</p><p><blockquote>这些涨幅使蔚来的市值达到约870亿美元，超过了通用汽车(GM)及其860亿美元的市值。</blockquote></p><p> NIO hasn’t offered a forecast for NIO’s full-year deliveries, but Citi’s Chung, however, expects NIO to delivery about 93,000 vehicles in 2020. He says deliveries should increase sequentially in the third and fourth quarters of 2021. For the first half of 2021, NIO delivered almost 42,000 cars.</p><p><blockquote>蔚来尚未对蔚来的全年交付量做出预测，但花旗的Chung预计蔚来将在2020年交付约93,000辆汽车。他表示，2021年第三和第四季度的交付量应该会连续增加。2021年上半年，蔚来交付了近42,000辆汽车。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO’s June Deliveries Were Impressive. It’s Good News for EV Makers.<blockquote>蔚来6月份的交付量令人印象深刻。这对电动汽车制造商来说是个好消息。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO’s June Deliveries Were Impressive. It’s Good News for EV Makers.<blockquote>蔚来6月份的交付量令人印象深刻。这对电动汽车制造商来说是个好消息。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-07-01 20:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Chinese electric- vehicle maker NIO delivered a record number of cars in June, sending the stock higher again. Shares of other EV makers selling in China, from Tesla to Li Auto, should benefit from the news.</p><p><blockquote>中国电动汽车制造商蔚来6月份交付的汽车数量创历史新高，推动该股再次走高。从特斯拉到理想汽车，在华销售的其他电动汽车制造商的股价应该会受益于这一消息。</blockquote></p><p> NIO (ticker: NIO) reported 8,083 vehicle deliveries for June, up from 6,711 in May, marking the first time monthly deliveries cracked the 8,000 mark. For the second quarter, NIO delivered just under 22,000 cars, the high end of the range the company predicted at the beginning of June.</p><p><blockquote>蔚来（股票代码：蔚来）报告6月份汽车交付量为8,083辆，高于5月份的6,711辆，这是月度交付量首次突破8,000辆大关。第二季度，蔚来交付了不到22,000辆汽车，这是该公司6月初预测的高端产品。</blockquote></p><p> It’s a good result. Not only does it demonstrate that NIO’s production capacity is continuing to grow, it shows demand for EVs in China remains strong. The delivery figure also strengthens the case that the&nbsp;semiconductor shortage&nbsp;that limited global automotive production in the first half of 2021 is starting to fade. The latter two conclusions are good news for all EV manufacturers.</p><p><blockquote>这是一个很好的结果。这不仅表明蔚来的产能持续增长，也表明中国对电动汽车的需求依然强劲。交付数据还强化了2021年上半年限制全球汽车生产的半导体短缺正在开始消退的事实。后两个结论对所有电动汽车制造商来说都是好消息。</blockquote></p><p> NIO stock was up 2.8% in premarket trading. Futures on the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average,meanwhile, are close to flat.</p><p><blockquote>蔚来股价在盘前交易中上涨2.8%。与此同时，标准普尔500指数和道琼斯工业平均指数的期货接近持平。</blockquote></p><p> Investors and traders have been anticipating&nbsp;a good delivery result. NIO stock rose 38% in June and is up 18% week to date. Citigroup analyst&nbsp;Jeff Chung&nbsp;increased his target for NIO’s stock price Wednesday to $72 a share, partly because he saw strong demand for EVs.</p><p><blockquote>投资者和交易员一直期待良好的交割结果。蔚来股价6月份上涨38%，本周迄今上涨18%。花旗集团分析师Jeff Chung周三将蔚来股价目标上调至每股72美元，部分原因是他看到了电动汽车的强劲需求。</blockquote></p><p> Recent gains have pushed the stock back into positive territory for the year. NIO stock is now up 9% year to date, though it is still down about 21% from its January 52-week high of about $67.</p><p><blockquote>最近的上涨已将该股推回到今年的正值区域。蔚来股价今年迄今已上涨9%，但仍较1月份约67美元的52周高点下跌约21%。</blockquote></p><p> The gains have pushed NIO’s market capitalization to about $87 billion, putting it past&nbsp;General Motors(GM) and its $86 billion capitalization.</p><p><blockquote>这些涨幅使蔚来的市值达到约870亿美元，超过了通用汽车(GM)及其860亿美元的市值。</blockquote></p><p> NIO hasn’t offered a forecast for NIO’s full-year deliveries, but Citi’s Chung, however, expects NIO to delivery about 93,000 vehicles in 2020. He says deliveries should increase sequentially in the third and fourth quarters of 2021. For the first half of 2021, NIO delivered almost 42,000 cars.</p><p><blockquote>蔚来尚未对蔚来的全年交付量做出预测，但花旗的Chung预计蔚来将在2020年交付约93,000辆汽车。他表示，2021年第三和第四季度的交付量应该会连续增加。2021年上半年，蔚来交付了近42,000辆汽车。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/nios-ev-stock-june-deliveries-51625141190?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.barrons.com/articles/nios-ev-stock-june-deliveries-51625141190?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100462654","content_text":"The Chinese electric- vehicle maker NIO delivered a record number of cars in June, sending the stock higher again. Shares of other EV makers selling in China, from Tesla to Li Auto, should benefit from the news.\nNIO (ticker: NIO) reported 8,083 vehicle deliveries for June, up from 6,711 in May, marking the first time monthly deliveries cracked the 8,000 mark. For the second quarter, NIO delivered just under 22,000 cars, the high end of the range the company predicted at the beginning of June.\nIt’s a good result. Not only does it demonstrate that NIO’s production capacity is continuing to grow, it shows demand for EVs in China remains strong. The delivery figure also strengthens the case that the semiconductor shortage that limited global automotive production in the first half of 2021 is starting to fade. The latter two conclusions are good news for all EV manufacturers.\nNIO stock was up 2.8% in premarket trading. Futures on the S&P 500 and Dow Jones Industrial Average,meanwhile, are close to flat.\nInvestors and traders have been anticipating a good delivery result. NIO stock rose 38% in June and is up 18% week to date. Citigroup analyst Jeff Chung increased his target for NIO’s stock price Wednesday to $72 a share, partly because he saw strong demand for EVs.\nRecent gains have pushed the stock back into positive territory for the year. NIO stock is now up 9% year to date, though it is still down about 21% from its January 52-week high of about $67.\nThe gains have pushed NIO’s market capitalization to about $87 billion, putting it past General Motors(GM) and its $86 billion capitalization.\nNIO hasn’t offered a forecast for NIO’s full-year deliveries, but Citi’s Chung, however, expects NIO to delivery about 93,000 vehicles in 2020. He says deliveries should increase sequentially in the third and fourth quarters of 2021. For the first half of 2021, NIO delivered almost 42,000 cars.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1016,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158911809,"gmtCreate":1625121206801,"gmtModify":1633944556396,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Coinbase going to the moon !","listText":"Coinbase going to the moon !","text":"Coinbase going to the moon !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158911809","repostId":"1142269235","repostType":2,"repost":{"id":"1142269235","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1625039703,"share":"https://www.laohu8.com/m/news/1142269235?lang=zh_CN&edition=full","pubTime":"2021-06-30 15:55","market":"us","language":"en","title":"Coinbase CEO Gives Apple's Example As He Calls For Building The 'Crypto App Store'<blockquote>Coinbase首席执行官在评级建立“加密应用商店”时以苹果为例</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142269235","media":"Benzinga","summary":"Coinbase Global Inc(NASDAQ:COIN) CEO Brian Armstrong, in a blog post on Tuesday, called for the buil","content":"<p><b>Coinbase Global Inc</b>(NASDAQ:COIN) CEO Brian Armstrong,&nbsp;in a blog post on Tuesday, called for the building of the “crypto app store” similar to the one created by&nbsp;<b>Apple Inc</b>(NASDAQ:AAPL).</p><p><blockquote><b>比特币基地全球公司</b>（纳斯达克：COIN）首席执行官Brian Armstrong在周二的一篇博客文章中呼吁建立类似于<b>苹果公司</b>（纳斯达克：AAPL）。</blockquote></p><p> <b>What Happened:</b>Armstrong noted that the cryptocurrency use cases have grown, citing the examples of non-fungible tokens or NFTs and Decentralized Applications of DApps.</p><p><blockquote><b>发生了什么：</b>阿姆斯特朗指出，加密货币用例已经增长，并列举了不可替代代币或NFT以及dApp去中心化应用的例子。</blockquote></p><p> Calling for a store similar to the App Store, he wrote, “We need to do the same in crypto. There is now 10s of billions of dollars of economic activity running on dApps, and a new trend coming out every three months.”</p><p><blockquote>他呼吁建立一个类似于App Store的商店，他写道，“我们需要在加密领域做同样的事情。现在有数百亿美元的经济活动在dApp上运行，每三个月就会出现一个新趋势。”</blockquote></p><p> “We’ll work to give our users easy access to all of this from the main Coinbase product.”</p><p><blockquote>“我们将努力让用户从Coinbase的主要产品中轻松访问所有这些。”</blockquote></p><p> <b>Why It Matters:</b>Armstrong noted that Apple did not attempt to build “every app for the iPhone, it empowered developers and gave mobile users an easy way to access new innovative apps.”</p><p><blockquote><b>为什么重要：</b>Armstrong指出，苹果并没有试图为“iPhone构建每一个应用程序，它赋予了开发者权力，并为移动用户提供了一种访问新的创新应用程序的简单方法。”</blockquote></p><p> According to Apple’s website, Apple has 1.8 million apps available on its store with 175 storefronts in over 40 languages.</p><p><blockquote>根据苹果的网站，苹果的商店有180万个应用程序，有175个店面，使用40多种语言。</blockquote></p><p> The Coinbase CEO seems to have taken a cue from Apple as he also advocated an “international-first mindset.”</p><p><blockquote>Coinbase首席执行官似乎受到了苹果的启发，他也提倡“国际优先的心态”。</blockquote></p><p> Armstrong said instead of focusing on a “narrow set of regions,” Coinbase is “going to flip this approach on its head by shipping more products in international markets on day one.”</p><p><blockquote>阿姆斯特朗表示，Coinbase不会专注于“狭窄的地区”，而是“将通过在第一天就在国际市场上运送更多产品来颠覆这种方法。”</blockquote></p><p> However, Apple’s App Store policies have also attracted the&nbsp;attention of regulators&nbsp;with Germany’s competition watchdog being the latest to bring the store under scrutiny.</p><p><blockquote>然而，苹果的应用商店政策也引起了监管机构的关注，德国竞争监管机构是最新一个对该商店进行审查的机构。</blockquote></p><p> <b>Price Action:</b>On Tuesday, Coinbase shares closed 3.33% higher at $254.90 in the regular session and fell 0.2% in the after-hours trading. On the same day, Apple shares rose 1.15% in the regular session to $136.33.</p><p><blockquote><b>价格走势：</b>周二，Coinbase股价在常规交易中收盘上涨3.33%，至254.90美元，在盘后交易中下跌0.2%。当天，苹果股价在常规交易中上涨1.15%，至136.33美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase CEO Gives Apple's Example As He Calls For Building The 'Crypto App Store'<blockquote>Coinbase首席执行官在评级建立“加密应用商店”时以苹果为例</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase CEO Gives Apple's Example As He Calls For Building The 'Crypto App Store'<blockquote>Coinbase首席执行官在评级建立“加密应用商店”时以苹果为例</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-06-30 15:55</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b>Coinbase Global Inc</b>(NASDAQ:COIN) CEO Brian Armstrong,&nbsp;in a blog post on Tuesday, called for the building of the “crypto app store” similar to the one created by&nbsp;<b>Apple Inc</b>(NASDAQ:AAPL).</p><p><blockquote><b>比特币基地全球公司</b>（纳斯达克：COIN）首席执行官Brian Armstrong在周二的一篇博客文章中呼吁建立类似于<b>苹果公司</b>（纳斯达克：AAPL）。</blockquote></p><p> <b>What Happened:</b>Armstrong noted that the cryptocurrency use cases have grown, citing the examples of non-fungible tokens or NFTs and Decentralized Applications of DApps.</p><p><blockquote><b>发生了什么：</b>阿姆斯特朗指出，加密货币用例已经增长，并列举了不可替代代币或NFT以及dApp去中心化应用的例子。</blockquote></p><p> Calling for a store similar to the App Store, he wrote, “We need to do the same in crypto. There is now 10s of billions of dollars of economic activity running on dApps, and a new trend coming out every three months.”</p><p><blockquote>他呼吁建立一个类似于App Store的商店，他写道，“我们需要在加密领域做同样的事情。现在有数百亿美元的经济活动在dApp上运行，每三个月就会出现一个新趋势。”</blockquote></p><p> “We’ll work to give our users easy access to all of this from the main Coinbase product.”</p><p><blockquote>“我们将努力让用户从Coinbase的主要产品中轻松访问所有这些。”</blockquote></p><p> <b>Why It Matters:</b>Armstrong noted that Apple did not attempt to build “every app for the iPhone, it empowered developers and gave mobile users an easy way to access new innovative apps.”</p><p><blockquote><b>为什么重要：</b>Armstrong指出，苹果并没有试图为“iPhone构建每一个应用程序，它赋予了开发者权力，并为移动用户提供了一种访问新的创新应用程序的简单方法。”</blockquote></p><p> According to Apple’s website, Apple has 1.8 million apps available on its store with 175 storefronts in over 40 languages.</p><p><blockquote>根据苹果的网站，苹果的商店有180万个应用程序，有175个店面，使用40多种语言。</blockquote></p><p> The Coinbase CEO seems to have taken a cue from Apple as he also advocated an “international-first mindset.”</p><p><blockquote>Coinbase首席执行官似乎受到了苹果的启发，他也提倡“国际优先的心态”。</blockquote></p><p> Armstrong said instead of focusing on a “narrow set of regions,” Coinbase is “going to flip this approach on its head by shipping more products in international markets on day one.”</p><p><blockquote>阿姆斯特朗表示，Coinbase不会专注于“狭窄的地区”，而是“将通过在第一天就在国际市场上运送更多产品来颠覆这种方法。”</blockquote></p><p> However, Apple’s App Store policies have also attracted the&nbsp;attention of regulators&nbsp;with Germany’s competition watchdog being the latest to bring the store under scrutiny.</p><p><blockquote>然而，苹果的应用商店政策也引起了监管机构的关注，德国竞争监管机构是最新一个对该商店进行审查的机构。</blockquote></p><p> <b>Price Action:</b>On Tuesday, Coinbase shares closed 3.33% higher at $254.90 in the regular session and fell 0.2% in the after-hours trading. On the same day, Apple shares rose 1.15% in the regular session to $136.33.</p><p><blockquote><b>价格走势：</b>周二，Coinbase股价在常规交易中收盘上涨3.33%，至254.90美元，在盘后交易中下跌0.2%。当天，苹果股价在常规交易中上涨1.15%，至136.33美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale","COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142269235","content_text":"Coinbase Global Inc(NASDAQ:COIN) CEO Brian Armstrong, in a blog post on Tuesday, called for the building of the “crypto app store” similar to the one created by Apple Inc(NASDAQ:AAPL).\nWhat Happened:Armstrong noted that the cryptocurrency use cases have grown, citing the examples of non-fungible tokens or NFTs and Decentralized Applications of DApps.\nCalling for a store similar to the App Store, he wrote, “We need to do the same in crypto. There is now 10s of billions of dollars of economic activity running on dApps, and a new trend coming out every three months.”\n“We’ll work to give our users easy access to all of this from the main Coinbase product.”\nWhy It Matters:Armstrong noted that Apple did not attempt to build “every app for the iPhone, it empowered developers and gave mobile users an easy way to access new innovative apps.”\nAccording to Apple’s website, Apple has 1.8 million apps available on its store with 175 storefronts in over 40 languages.\nThe Coinbase CEO seems to have taken a cue from Apple as he also advocated an “international-first mindset.”\nArmstrong said instead of focusing on a “narrow set of regions,” Coinbase is “going to flip this approach on its head by shipping more products in international markets on day one.”\nHowever, Apple’s App Store policies have also attracted the attention of regulators with Germany’s competition watchdog being the latest to bring the store under scrutiny.\nPrice Action:On Tuesday, Coinbase shares closed 3.33% higher at $254.90 in the regular session and fell 0.2% in the after-hours trading. On the same day, Apple shares rose 1.15% in the regular session to $136.33.","news_type":1,"symbols_score_info":{"BTCmain":0.9,"XBTmain":0.9,"MBTmain":0.9,"GBTC":0.9,"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":739,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":803333758,"gmtCreate":1627410596774,"gmtModify":1631883953744,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Don’t touch China ev makers u will get burn. Regulations will destroy your portfolio lol. Tesla still The Best Bet","listText":"Don’t touch China ev makers u will get burn. Regulations will destroy your portfolio lol. Tesla still The Best Bet","text":"Don’t touch China ev makers u will get burn. Regulations will destroy your portfolio lol. Tesla still The Best Bet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/803333758","repostId":"1142426532","repostType":2,"repost":{"id":"1142426532","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627393073,"share":"https://www.laohu8.com/m/news/1142426532?lang=zh_CN&edition=full","pubTime":"2021-07-27 21:37","market":"us","language":"en","title":"EV Stocks dipped in Tuesday morning trading<blockquote>电动汽车股周二早盘下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142426532","media":"Tiger Newspress","summary":"EV Stocks dipped in Tuesday morning trading.Xpeng Motors fell 3%,Nio and Li Auto fell 2%,Tesla fell ","content":"<p>EV Stocks dipped in Tuesday morning trading.Xpeng Motors&nbsp;fell&nbsp;3%,Nio&nbsp;and Li Auto&nbsp;fell&nbsp;2%,Tesla&nbsp;fell&nbsp;1%.</p><p><blockquote>电动汽车股周二早盘下跌。小鹏汽车下跌3%，蔚来和理想汽车下跌2%，特斯拉下跌1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a7f4e0f36f492799e5e63a0d3ecf9b75\" tg-width=\"380\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV Stocks dipped in Tuesday morning trading<blockquote>电动汽车股周二早盘下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV Stocks dipped in Tuesday morning trading<blockquote>电动汽车股周二早盘下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-07-27 21:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>EV Stocks dipped in Tuesday morning trading.Xpeng Motors&nbsp;fell&nbsp;3%,Nio&nbsp;and Li Auto&nbsp;fell&nbsp;2%,Tesla&nbsp;fell&nbsp;1%.</p><p><blockquote>电动汽车股周二早盘下跌。小鹏汽车下跌3%，蔚来和理想汽车下跌2%，特斯拉下跌1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a7f4e0f36f492799e5e63a0d3ecf9b75\" tg-width=\"380\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIU":"小牛电动","XPEV":"小鹏汽车","TSLA":"特斯拉","LCID":"Lucid Group Inc","LI":"理想汽车","NIO":"蔚来","FSR":"菲斯克"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142426532","content_text":"EV Stocks dipped in Tuesday morning trading.Xpeng Motors fell 3%,Nio and Li Auto fell 2%,Tesla fell 1%.","news_type":1,"symbols_score_info":{"TSP":0.9,"LCID":0.9,"FSR":0.9,"TSLA":0.9,"NIO":0.9,"RIDE":0.9,"XPEV":0.9,"LI":0.9,"FFIE":0.9,"NIU":0.9,"NKLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157068326,"gmtCreate":1625554713865,"gmtModify":1631884614003,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Newbie&nbsp;analysts gg. Load up coinbase now u will be HUGELY rewarded by August earnings report at least a 20% profit, projected 20-40%.&nbsp;&nbsp;","listText":"Newbie&nbsp;analysts gg. Load up coinbase now u will be HUGELY rewarded by August earnings report at least a 20% profit, projected 20-40%.&nbsp;&nbsp;","text":"Newbie analysts gg. Load up coinbase now u will be HUGELY rewarded by August earnings report at least a 20% profit, projected 20-40%.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/157068326","repostId":"1164348327","repostType":2,"repost":{"id":"1164348327","kind":"news","pubTimestamp":1625535165,"share":"https://www.laohu8.com/m/news/1164348327?lang=zh_CN&edition=full","pubTime":"2021-07-06 09:32","market":"us","language":"en","title":"5 Ultra-Popular Stocks to Avoid Like the Plague in July<blockquote>7月份要像瘟疫一样避开的5只超热门股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1164348327","media":"The motley fool","summary":"For the past 15 months, Wall Street and investors have enjoyed a historic bounce-back rally. The ben","content":"<p>For the past 15 months, Wall Street and investors have enjoyed a historic bounce-back rally. The benchmark<b>S&amp;P 500</b>has gained more than 90% since hitting its bear-market bottom on March 23, 2020.</p><p><blockquote>在过去的15个月里，华尔街和投资者享受了历史性的反弹。基准<b>标普500</b>自2020年3月23日触及熊市底部以来，已上涨超过90%。</blockquote></p><p> While a number of high-quality and innovative businesses have led this rally, it's also allowed quite a few terrible companies to thrive. It's my suggestion that the following five ultra-popular stocks be avoided like the plague in July.</p><p><blockquote>虽然许多高质量和创新的企业引领了这场反弹，但它也让相当多糟糕的公司蓬勃发展。我建议像七月瘟疫一样避开以下五只超受欢迎的股票。</blockquote></p><p> Coinbase Global</p><p><blockquote>比特币基地全球</blockquote></p><p> First up is cryptocurrency exchange and ecosystem<b>Coinbase Global</b>(NASDAQ:COIN). Coinbase is popular given how quickly its revenue and profits surged in the first quarter as investors piled into the likes of<b>Bitcoin</b>&nbsp;and<b>Ethereum</b>. The problem is there are a trio of catalysts working against the Coinbase brokerage model.</p><p><blockquote>首先是加密货币交易所和生态系统<b>比特币基地全球</b>（纳斯达克：硬币）。Coinbase很受欢迎，因为投资者纷纷涌入Coinbase等公司，其第一季度收入和利润飙升得如此之快<b>比特币</b>和<b>以太币</b>.问题是有三种催化剂对Coinbase经纪模式不利。</blockquote></p><p> To start with, there's nothing that prevents competing exchanges from undercutting Coinbase Global's fees. It might have the verified user advantage at the moment, but don't underestimate the willingness of crypto investors to jump ship to save on transaction fees. We witnessed it among traditional brokerages, and the industry eventually wound up going commission-free.</p><p><blockquote>首先，没有什么可以阻止竞争交易所降低Coinbase Global的费用。目前它可能具有经过验证的用户优势，但不要低估加密货币投资者为节省交易费用而跳槽的意愿。我们在传统券商中目睹了这一点，该行业最终实现了免佣金。</blockquote></p><p> Second,crypto has a history of boom-and-bust cycles. Bitcoin has had three separate instances over the last decade where it's shed at least 80% of its value. This is an entirely momentum-based investment, and when upside momentum dries up, so does Coinbase's trading revenue. Following a 2017 peak, Coinbase saw its revenue nearly halve in subsequent years.</p><p><blockquote>其次，加密货币有繁荣和萧条周期的历史。在过去十年中，比特币曾发生过三起独立的事件，其价值至少缩水80%。这是一项完全基于动量的投资，当上行动力枯竭时，Coinbase的交易收入也会枯竭。继2017年达到峰值后，Coinbase的收入在随后几年几乎减半。</blockquote></p><p> And third, the past four weeks, through June 28, saw outflows from crypto of $257.3 million, according to CoinShares Digital Asset Fund Flows Weekly. This is more evidence that interest in crypto is already dwindling with these assets well off their highs. Suffice it to say, Coinbase isnot a stock you're going to want to ownmoving forward.</p><p><blockquote>第三，根据CoinShares数字资产基金流量周刊的数据，截至6月28日的过去四周内，加密货币资金流出量为2.573亿美元。这进一步证明，随着这些资产远低于高点，人们对加密货币的兴趣已经在下降。可以说，Coinbase并不是一只您未来想要拥有的股票。</blockquote></p><p> Cassava Sciences</p><p><blockquote>木薯科学</blockquote></p><p> Another ultra-popular company with a terrible risk-versus-reward ratio is clinical-stagebiotech stock<b>Cassava Sciences</b>(NASDAQ:SAVA).</p><p><blockquote>另一家风险回报比糟糕的超受欢迎公司是临床阶段的生物技术股票<b>木薯科学</b>（纳斯达克：萨瓦）。</blockquote></p><p> Cassava rightly made waves in February when it announced positive clinical data from an interim analysis of simufilam as a treatment for Alzheimer's disease. The open-label trial showed improvement in cognition and behavior at the six-month mark, and more recently allowed Cassava to outline its plans for a phase 3 trial involving its lead drug candidate.</p><p><blockquote>Cassava在2月份宣布了simufilam治疗阿尔茨海默病的中期分析的积极临床数据，这理所当然地引起了轰动。这项开放标签试验显示，在六个月时认知和行为有所改善，最近允许Cassava概述其涉及其主要候选药物的3期试验计划。</blockquote></p><p> I'd love for simufilam to be successful, but history has shown that Alzheimer's is <a href=\"https://laohu8.com/S/AONE\">one</a> of the toughest-to-treat diseases. With the exception of<b>Biogen</b>'s Aduhelm, which was approved by the Food and Drug Administration (FDA) but has been criticized heavily for its lack of clear benefit, every Alzheimer's drughas failed in late-stage studies for more than a decade. All investors have to go on is early stage, open-label data from a trial that aimed to enroll 100 patients. It's not been uncommon to see positive early or-mid-stage results get pulverized come a large phase 3 Alzheimer's trial.</p><p><blockquote>我希望simufilam能够成功，但历史表明阿尔茨海默氏症是<a href=\"https://laohu8.com/S/AONE\">一</a>最难治疗的疾病。除了<b>Biogen</b>Aduhelm获得了美国食品和药物管理局(FDA)的批准，但因缺乏明确的益处而受到严厉批评，十多年来，每种阿尔茨海默病药物都在后期研究中失败。投资者所要做的就是一项旨在招募100名患者的试验的早期开放标签数据。在大型3期阿尔茨海默病试验中，早期或中期的积极结果被粉碎的情况并不罕见。</blockquote></p><p> Although Cassava raised a good amount of cash to continue its research, history suggests that simufilam's chance of success is very slim. That makes Cassava Sciences easily avoidable.</p><p><blockquote>尽管Cassava筹集了大量现金来继续其研究，但历史表明simufilam成功的机会非常渺茫。这使得木薯科学很容易避免。</blockquote></p><p> GameStop</p><p><blockquote>游戏驿站</blockquote></p><p> If you've been following the retail trade movement (i.e. Reddit stocks), whereby retail investors are seeking out heavily short-sold companies and attempting to effect a short squeeze, you probably know video game and accessories retailer<b>GameStop</b>(NYSE:GME).</p><p><blockquote>如果您一直在关注零售贸易运动（即Reddit股票），散户投资者正在寻找大量卖空的公司并试图进行轧空，您可能知道视频游戏和配件零售商<b>游戏驿站</b>（纽约证券交易所代码：GME）。</blockquote></p><p> On <a href=\"https://laohu8.com/S/AONE.U\">one</a> hand, GameStop has been able to capitalize on its recent fame byselling stock to raise capitalfor its ongoing transformation to a digital gaming company. It's a much-needed move after e-commerce sales jumped 191% in fiscal 2020 and more than quadrupled during the holiday season, from the prior-year period.</p><p><blockquote>在<a href=\"https://laohu8.com/S/AONE.U\">一</a>另一方面，游戏驿站能够利用其最近的名气，通过出售股票为其正在进行的向数字游戏公司的转型筹集资金。这是一项急需的举措，此前电子商务销售额在2020财年增长了191%，在假期期间比去年同期增长了四倍多。</blockquote></p><p> However, these capital raises don't overlook the fact that theprevious management team failed the company. For two decades, a brick-and-mortar gaming model worked well. However, sticking to this brick-and-mortar model when gaming was going digital left the company in a precarious position. Today, GameStop continues to lose money, even with rapid e-commerce growth, and saw its same-store sales decline by almost 10% last year. Digital sales may be growing, but total revenue is going nowhere as GameStop shutters its physical locations to lower costs.</p><p><blockquote>然而，这些融资并没有忽视前任管理团队让公司失望的事实。二十年来，实体游戏模式运行良好。然而，当游戏走向数字化时，坚持这种实体模式会让公司陷入不稳定的境地。如今，即使电子商务快速增长，游戏驿站仍在继续亏损，去年同店销售额下降了近10%。数字销售可能在增长，但随着游戏驿站关闭其实体店以降低成本，总收入将无处可去。</blockquote></p><p> GameStop is in no way a bankruptcy candidate, and I can actually see a path to profitability years down the road. But with that being said, the gains it's seen make no sense given the long transformation and operating losses that lie ahead.</p><p><blockquote>游戏驿站绝不是破产的候选者，我实际上可以看到几年后实现盈利的道路。但话虽如此，考虑到未来漫长的转型和运营亏损，所看到的收益毫无意义。</blockquote></p><p> Inovio Pharmaceuticals</p><p><blockquote>Inovio制药公司</blockquote></p><p> Biotech stocks can offer ample opportunity, or in<b>Inovio Pharmaceuticals</b>'(NASDAQ:INO)case, suck the lifeblood out of long-term investors.</p><p><blockquote>生物科技股可以提供充足的机会，或者<b>Inovio制药公司</b>（纳斯达克：INO）案例，吸走长期投资者的命脉。</blockquote></p><p></p><p> Inovio would appear to be an intriguing company based solely on paper. It has a pipeline that currently includes over a dozen clinical candidates to treat cancer, infectious diseases, and human papilloma virus. The most-promising looks to be INO-4800, the company's coronavirus disease 2019 (COVID-19) vaccine candidate that's readying for phase 3 studies. But if you do any digging into Inovio's clinical performance, you'll be sorely disappointed.</p><p><blockquote>Inovio似乎是一家仅基于纸张的有趣公司。它的产品线目前包括十几种治疗癌症、传染病和人乳头瘤病毒的临床候选药物。最有前途的看起来是INO-4800，这是该公司的冠状病毒病2019（COVID-19）候选疫苗，已准备好进行3期研究。但如果你深入研究Inovio的临床表现，你会非常失望。</blockquote></p><p> For example, INO-4800had been placed on partial clinical holdin the U.S. while regulators requested additional data on Inovio's vaccine and its delivery system, Cellectra. More recently, INO-4800 had its late-stage funding pulled by the U.S. government, which is why it's now seeking an international study for its COVID-19 candidate.</p><p><blockquote>例如，INO-4800在美国已被部分临床搁置，而监管机构要求提供有关Inovio疫苗及其输送系统Cellectra的更多数据。最近，INO-4800的后期资金被美国政府取消，这就是为什么它现在正在为其COVID-19候选药物寻求国际研究。</blockquote></p><p> If you think I'm unfairly picking on Inovio for its COVID-19 struggles, pan out even further. In four decades, Inoviohasn't managed to get a drug approved by the FDA. This isn't me wishing bad things on Inovio -- this is the reality that hope and results haven't aligned with this company for a long time. Until Inovio proves itself in a late-stage clinical trial, it's worth avoiding.</p><p><blockquote>如果你认为我不公平地指责Inovio在新冠肺炎的挣扎，那就更进一步吧。四十年来，Inovio一直未能获得FDA批准的药物。这并不是我希望Inovio发生不好的事情——这是现实，希望和结果很长一段时间都没有与这家公司保持一致。在Inovio在后期临床试验中证明自己之前，值得避免使用。</blockquote></p><p> AMC Entertainment</p><p><blockquote>AMC院线</blockquote></p><p> Finally, I can't forgetongoing pump-and-dump scheme<b>AMC Entertainment</b>(NYSE:AMC). While retail investors were able to claim victory by effecting a short squeeze in January after AMC saved itself by issuing a bunch of shares and high-interest debt, the most recent run-up has nothing to do with a short squeeze. Rather, it's based predominantly on hype, the purposeful obfuscation of concrete fundamental data on message boards, and broad-based, blatant misinformation.</p><p><blockquote>最后，我不能忘记正在进行的抽水和转储计划<b>AMC院线</b>（纽约证券交易所代码：AMC）。尽管在AMC通过发行大量股票和高息债务自救后，散户投资者能够通过1月份的轧空来宣称胜利，但最近的上涨与轧空无关。相反，它主要基于炒作，在留言板上故意混淆具体的基本数据，以及广泛的，公然的错误信息。</blockquote></p><p> AMC's retail investors would like you to believe that fundamentals don't matter -- but try driving a car without an engine and see how far you get. AMC is dealing with a 19-year decline in industry ticket sales and is seeing some of its film exclusivity evaporate as movie studios lean on streaming. There will be a place for movie theaters, but AMC'saddressable market keeps shrinkingwith each passing year.</p><p><blockquote>AMC的散户投资者希望你相信基本面并不重要，但尝试驾驶一辆没有发动机的汽车，看看你能走多远。AMC正在应对行业票房收入连续19年下降的问题，并且随着电影制片厂依赖流媒体，其部分电影独家经营权正在消失。电影院将会有一席之地，但AMC的潜在市场逐年萎缩。</blockquote></p><p> AMC's retail investors would also have you believe the company is in great shape after raising $2 billion in capital. While it has put bankruptcy rumors in the near-term on the backburner, the 2027 bond price is nowhere near par. Why, you ask? Because bondholders aren't convinced that AMC is going to escape bankruptcy.</p><p><blockquote>AMC的散户投资者还会让您相信该公司在筹集20亿美元资本后状况良好。尽管近期破产传闻已被搁置，但2027年债券价格远未接近面值。你会问，为什么？因为债券持有人不相信AMC会逃脱破产。</blockquote></p><p> I've seen enough pump-and-dump campaigns in my life to recognize them, andAMC checks all the boxes. My suggestion isn't to short AMC. My suggestion is to avoid it completely. All pump-and-dump schemes eventually collapse, and AMC will be no exception.</p><p><blockquote>我一生中见过足够多的泵和转储活动来识别它们，并且AMC检查了所有的框。我的建议是不要做空AMC。我的建议是完全避免。所有的抽水和转储计划最终都会崩溃，AMC也不例外。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Ultra-Popular Stocks to Avoid Like the Plague in July<blockquote>7月份要像瘟疫一样避开的5只超热门股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Ultra-Popular Stocks to Avoid Like the Plague in July<blockquote>7月份要像瘟疫一样避开的5只超热门股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The motley fool</strong><span class=\"h-time small\">2021-07-06 09:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p>For the past 15 months, Wall Street and investors have enjoyed a historic bounce-back rally. The benchmark<b>S&amp;P 500</b>has gained more than 90% since hitting its bear-market bottom on March 23, 2020.</p><p><blockquote>在过去的15个月里，华尔街和投资者享受了历史性的反弹。基准<b>标普500</b>自2020年3月23日触及熊市底部以来，已上涨超过90%。</blockquote></p><p> While a number of high-quality and innovative businesses have led this rally, it's also allowed quite a few terrible companies to thrive. It's my suggestion that the following five ultra-popular stocks be avoided like the plague in July.</p><p><blockquote>虽然许多高质量和创新的企业引领了这场反弹，但它也让相当多糟糕的公司蓬勃发展。我建议像七月瘟疫一样避开以下五只超受欢迎的股票。</blockquote></p><p> Coinbase Global</p><p><blockquote>比特币基地全球</blockquote></p><p> First up is cryptocurrency exchange and ecosystem<b>Coinbase Global</b>(NASDAQ:COIN). Coinbase is popular given how quickly its revenue and profits surged in the first quarter as investors piled into the likes of<b>Bitcoin</b>&nbsp;and<b>Ethereum</b>. The problem is there are a trio of catalysts working against the Coinbase brokerage model.</p><p><blockquote>首先是加密货币交易所和生态系统<b>比特币基地全球</b>（纳斯达克：硬币）。Coinbase很受欢迎，因为投资者纷纷涌入Coinbase等公司，其第一季度收入和利润飙升得如此之快<b>比特币</b>和<b>以太币</b>.问题是有三种催化剂对Coinbase经纪模式不利。</blockquote></p><p> To start with, there's nothing that prevents competing exchanges from undercutting Coinbase Global's fees. It might have the verified user advantage at the moment, but don't underestimate the willingness of crypto investors to jump ship to save on transaction fees. We witnessed it among traditional brokerages, and the industry eventually wound up going commission-free.</p><p><blockquote>首先，没有什么可以阻止竞争交易所降低Coinbase Global的费用。目前它可能具有经过验证的用户优势，但不要低估加密货币投资者为节省交易费用而跳槽的意愿。我们在传统券商中目睹了这一点，该行业最终实现了免佣金。</blockquote></p><p> Second,crypto has a history of boom-and-bust cycles. Bitcoin has had three separate instances over the last decade where it's shed at least 80% of its value. This is an entirely momentum-based investment, and when upside momentum dries up, so does Coinbase's trading revenue. Following a 2017 peak, Coinbase saw its revenue nearly halve in subsequent years.</p><p><blockquote>其次，加密货币有繁荣和萧条周期的历史。在过去十年中，比特币曾发生过三起独立的事件，其价值至少缩水80%。这是一项完全基于动量的投资，当上行动力枯竭时，Coinbase的交易收入也会枯竭。继2017年达到峰值后，Coinbase的收入在随后几年几乎减半。</blockquote></p><p> And third, the past four weeks, through June 28, saw outflows from crypto of $257.3 million, according to CoinShares Digital Asset Fund Flows Weekly. This is more evidence that interest in crypto is already dwindling with these assets well off their highs. Suffice it to say, Coinbase isnot a stock you're going to want to ownmoving forward.</p><p><blockquote>第三，根据CoinShares数字资产基金流量周刊的数据，截至6月28日的过去四周内，加密货币资金流出量为2.573亿美元。这进一步证明，随着这些资产远低于高点，人们对加密货币的兴趣已经在下降。可以说，Coinbase并不是一只您未来想要拥有的股票。</blockquote></p><p> Cassava Sciences</p><p><blockquote>木薯科学</blockquote></p><p> Another ultra-popular company with a terrible risk-versus-reward ratio is clinical-stagebiotech stock<b>Cassava Sciences</b>(NASDAQ:SAVA).</p><p><blockquote>另一家风险回报比糟糕的超受欢迎公司是临床阶段的生物技术股票<b>木薯科学</b>（纳斯达克：萨瓦）。</blockquote></p><p> Cassava rightly made waves in February when it announced positive clinical data from an interim analysis of simufilam as a treatment for Alzheimer's disease. The open-label trial showed improvement in cognition and behavior at the six-month mark, and more recently allowed Cassava to outline its plans for a phase 3 trial involving its lead drug candidate.</p><p><blockquote>Cassava在2月份宣布了simufilam治疗阿尔茨海默病的中期分析的积极临床数据，这理所当然地引起了轰动。这项开放标签试验显示，在六个月时认知和行为有所改善，最近允许Cassava概述其涉及其主要候选药物的3期试验计划。</blockquote></p><p> I'd love for simufilam to be successful, but history has shown that Alzheimer's is <a href=\"https://laohu8.com/S/AONE\">one</a> of the toughest-to-treat diseases. With the exception of<b>Biogen</b>'s Aduhelm, which was approved by the Food and Drug Administration (FDA) but has been criticized heavily for its lack of clear benefit, every Alzheimer's drughas failed in late-stage studies for more than a decade. All investors have to go on is early stage, open-label data from a trial that aimed to enroll 100 patients. It's not been uncommon to see positive early or-mid-stage results get pulverized come a large phase 3 Alzheimer's trial.</p><p><blockquote>我希望simufilam能够成功，但历史表明阿尔茨海默氏症是<a href=\"https://laohu8.com/S/AONE\">一</a>最难治疗的疾病。除了<b>Biogen</b>Aduhelm获得了美国食品和药物管理局(FDA)的批准，但因缺乏明确的益处而受到严厉批评，十多年来，每种阿尔茨海默病药物都在后期研究中失败。投资者所要做的就是一项旨在招募100名患者的试验的早期开放标签数据。在大型3期阿尔茨海默病试验中，早期或中期的积极结果被粉碎的情况并不罕见。</blockquote></p><p> Although Cassava raised a good amount of cash to continue its research, history suggests that simufilam's chance of success is very slim. That makes Cassava Sciences easily avoidable.</p><p><blockquote>尽管Cassava筹集了大量现金来继续其研究，但历史表明simufilam成功的机会非常渺茫。这使得木薯科学很容易避免。</blockquote></p><p> GameStop</p><p><blockquote>游戏驿站</blockquote></p><p> If you've been following the retail trade movement (i.e. Reddit stocks), whereby retail investors are seeking out heavily short-sold companies and attempting to effect a short squeeze, you probably know video game and accessories retailer<b>GameStop</b>(NYSE:GME).</p><p><blockquote>如果您一直在关注零售贸易运动（即Reddit股票），散户投资者正在寻找大量卖空的公司并试图进行轧空，您可能知道视频游戏和配件零售商<b>游戏驿站</b>（纽约证券交易所代码：GME）。</blockquote></p><p> On <a href=\"https://laohu8.com/S/AONE.U\">one</a> hand, GameStop has been able to capitalize on its recent fame byselling stock to raise capitalfor its ongoing transformation to a digital gaming company. It's a much-needed move after e-commerce sales jumped 191% in fiscal 2020 and more than quadrupled during the holiday season, from the prior-year period.</p><p><blockquote>在<a href=\"https://laohu8.com/S/AONE.U\">一</a>另一方面，游戏驿站能够利用其最近的名气，通过出售股票为其正在进行的向数字游戏公司的转型筹集资金。这是一项急需的举措，此前电子商务销售额在2020财年增长了191%，在假期期间比去年同期增长了四倍多。</blockquote></p><p> However, these capital raises don't overlook the fact that theprevious management team failed the company. For two decades, a brick-and-mortar gaming model worked well. However, sticking to this brick-and-mortar model when gaming was going digital left the company in a precarious position. Today, GameStop continues to lose money, even with rapid e-commerce growth, and saw its same-store sales decline by almost 10% last year. Digital sales may be growing, but total revenue is going nowhere as GameStop shutters its physical locations to lower costs.</p><p><blockquote>然而，这些融资并没有忽视前任管理团队让公司失望的事实。二十年来，实体游戏模式运行良好。然而，当游戏走向数字化时，坚持这种实体模式会让公司陷入不稳定的境地。如今，即使电子商务快速增长，游戏驿站仍在继续亏损，去年同店销售额下降了近10%。数字销售可能在增长，但随着游戏驿站关闭其实体店以降低成本，总收入将无处可去。</blockquote></p><p> GameStop is in no way a bankruptcy candidate, and I can actually see a path to profitability years down the road. But with that being said, the gains it's seen make no sense given the long transformation and operating losses that lie ahead.</p><p><blockquote>游戏驿站绝不是破产的候选者，我实际上可以看到几年后实现盈利的道路。但话虽如此，考虑到未来漫长的转型和运营亏损，所看到的收益毫无意义。</blockquote></p><p> Inovio Pharmaceuticals</p><p><blockquote>Inovio制药公司</blockquote></p><p> Biotech stocks can offer ample opportunity, or in<b>Inovio Pharmaceuticals</b>'(NASDAQ:INO)case, suck the lifeblood out of long-term investors.</p><p><blockquote>生物科技股可以提供充足的机会，或者<b>Inovio制药公司</b>（纳斯达克：INO）案例，吸走长期投资者的命脉。</blockquote></p><p></p><p> Inovio would appear to be an intriguing company based solely on paper. It has a pipeline that currently includes over a dozen clinical candidates to treat cancer, infectious diseases, and human papilloma virus. The most-promising looks to be INO-4800, the company's coronavirus disease 2019 (COVID-19) vaccine candidate that's readying for phase 3 studies. But if you do any digging into Inovio's clinical performance, you'll be sorely disappointed.</p><p><blockquote>Inovio似乎是一家仅基于纸张的有趣公司。它的产品线目前包括十几种治疗癌症、传染病和人乳头瘤病毒的临床候选药物。最有前途的看起来是INO-4800，这是该公司的冠状病毒病2019（COVID-19）候选疫苗，已准备好进行3期研究。但如果你深入研究Inovio的临床表现，你会非常失望。</blockquote></p><p> For example, INO-4800had been placed on partial clinical holdin the U.S. while regulators requested additional data on Inovio's vaccine and its delivery system, Cellectra. More recently, INO-4800 had its late-stage funding pulled by the U.S. government, which is why it's now seeking an international study for its COVID-19 candidate.</p><p><blockquote>例如，INO-4800在美国已被部分临床搁置，而监管机构要求提供有关Inovio疫苗及其输送系统Cellectra的更多数据。最近，INO-4800的后期资金被美国政府取消，这就是为什么它现在正在为其COVID-19候选药物寻求国际研究。</blockquote></p><p> If you think I'm unfairly picking on Inovio for its COVID-19 struggles, pan out even further. In four decades, Inoviohasn't managed to get a drug approved by the FDA. This isn't me wishing bad things on Inovio -- this is the reality that hope and results haven't aligned with this company for a long time. Until Inovio proves itself in a late-stage clinical trial, it's worth avoiding.</p><p><blockquote>如果你认为我不公平地指责Inovio在新冠肺炎的挣扎，那就更进一步吧。四十年来，Inovio一直未能获得FDA批准的药物。这并不是我希望Inovio发生不好的事情——这是现实，希望和结果很长一段时间都没有与这家公司保持一致。在Inovio在后期临床试验中证明自己之前，值得避免使用。</blockquote></p><p> AMC Entertainment</p><p><blockquote>AMC院线</blockquote></p><p> Finally, I can't forgetongoing pump-and-dump scheme<b>AMC Entertainment</b>(NYSE:AMC). While retail investors were able to claim victory by effecting a short squeeze in January after AMC saved itself by issuing a bunch of shares and high-interest debt, the most recent run-up has nothing to do with a short squeeze. Rather, it's based predominantly on hype, the purposeful obfuscation of concrete fundamental data on message boards, and broad-based, blatant misinformation.</p><p><blockquote>最后，我不能忘记正在进行的抽水和转储计划<b>AMC院线</b>（纽约证券交易所代码：AMC）。尽管在AMC通过发行大量股票和高息债务自救后，散户投资者能够通过1月份的轧空来宣称胜利，但最近的上涨与轧空无关。相反，它主要基于炒作，在留言板上故意混淆具体的基本数据，以及广泛的，公然的错误信息。</blockquote></p><p> AMC's retail investors would like you to believe that fundamentals don't matter -- but try driving a car without an engine and see how far you get. AMC is dealing with a 19-year decline in industry ticket sales and is seeing some of its film exclusivity evaporate as movie studios lean on streaming. There will be a place for movie theaters, but AMC'saddressable market keeps shrinkingwith each passing year.</p><p><blockquote>AMC的散户投资者希望你相信基本面并不重要，但尝试驾驶一辆没有发动机的汽车，看看你能走多远。AMC正在应对行业票房收入连续19年下降的问题，并且随着电影制片厂依赖流媒体，其部分电影独家经营权正在消失。电影院将会有一席之地，但AMC的潜在市场逐年萎缩。</blockquote></p><p> AMC's retail investors would also have you believe the company is in great shape after raising $2 billion in capital. While it has put bankruptcy rumors in the near-term on the backburner, the 2027 bond price is nowhere near par. Why, you ask? Because bondholders aren't convinced that AMC is going to escape bankruptcy.</p><p><blockquote>AMC的散户投资者还会让您相信该公司在筹集20亿美元资本后状况良好。尽管近期破产传闻已被搁置，但2027年债券价格远未接近面值。你会问，为什么？因为债券持有人不相信AMC会逃脱破产。</blockquote></p><p> I've seen enough pump-and-dump campaigns in my life to recognize them, andAMC checks all the boxes. My suggestion isn't to short AMC. My suggestion is to avoid it completely. All pump-and-dump schemes eventually collapse, and AMC will be no exception.</p><p><blockquote>我一生中见过足够多的泵和转储活动来识别它们，并且AMC检查了所有的框。我的建议是不要做空AMC。我的建议是完全避免。所有的抽水和转储计划最终都会崩溃，AMC也不例外。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/07/05/5-ultra-popular-stocks-avoid-like-plague-in-july/\">The motley fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INO":"伊诺维奥制药","SAVA":"Cassava Sciences Inc","COIN":"Coinbase Global, Inc.","GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/07/05/5-ultra-popular-stocks-avoid-like-plague-in-july/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164348327","content_text":"For the past 15 months, Wall Street and investors have enjoyed a historic bounce-back rally. The benchmarkS&P 500has gained more than 90% since hitting its bear-market bottom on March 23, 2020.\nWhile a number of high-quality and innovative businesses have led this rally, it's also allowed quite a few terrible companies to thrive. It's my suggestion that the following five ultra-popular stocks be avoided like the plague in July.\nCoinbase Global\nFirst up is cryptocurrency exchange and ecosystemCoinbase Global(NASDAQ:COIN). Coinbase is popular given how quickly its revenue and profits surged in the first quarter as investors piled into the likes ofBitcoin andEthereum. The problem is there are a trio of catalysts working against the Coinbase brokerage model.\nTo start with, there's nothing that prevents competing exchanges from undercutting Coinbase Global's fees. It might have the verified user advantage at the moment, but don't underestimate the willingness of crypto investors to jump ship to save on transaction fees. We witnessed it among traditional brokerages, and the industry eventually wound up going commission-free.\nSecond,crypto has a history of boom-and-bust cycles. Bitcoin has had three separate instances over the last decade where it's shed at least 80% of its value. This is an entirely momentum-based investment, and when upside momentum dries up, so does Coinbase's trading revenue. Following a 2017 peak, Coinbase saw its revenue nearly halve in subsequent years.\nAnd third, the past four weeks, through June 28, saw outflows from crypto of $257.3 million, according to CoinShares Digital Asset Fund Flows Weekly. This is more evidence that interest in crypto is already dwindling with these assets well off their highs. Suffice it to say, Coinbase isnot a stock you're going to want to ownmoving forward.\nCassava Sciences\nAnother ultra-popular company with a terrible risk-versus-reward ratio is clinical-stagebiotech stockCassava Sciences(NASDAQ:SAVA).\nCassava rightly made waves in February when it announced positive clinical data from an interim analysis of simufilam as a treatment for Alzheimer's disease. The open-label trial showed improvement in cognition and behavior at the six-month mark, and more recently allowed Cassava to outline its plans for a phase 3 trial involving its lead drug candidate.\nI'd love for simufilam to be successful, but history has shown that Alzheimer's is one of the toughest-to-treat diseases. With the exception ofBiogen's Aduhelm, which was approved by the Food and Drug Administration (FDA) but has been criticized heavily for its lack of clear benefit, every Alzheimer's drughas failed in late-stage studies for more than a decade. All investors have to go on is early stage, open-label data from a trial that aimed to enroll 100 patients. It's not been uncommon to see positive early or-mid-stage results get pulverized come a large phase 3 Alzheimer's trial.\nAlthough Cassava raised a good amount of cash to continue its research, history suggests that simufilam's chance of success is very slim. That makes Cassava Sciences easily avoidable.\nGameStop\nIf you've been following the retail trade movement (i.e. Reddit stocks), whereby retail investors are seeking out heavily short-sold companies and attempting to effect a short squeeze, you probably know video game and accessories retailerGameStop(NYSE:GME).\nOn one hand, GameStop has been able to capitalize on its recent fame byselling stock to raise capitalfor its ongoing transformation to a digital gaming company. It's a much-needed move after e-commerce sales jumped 191% in fiscal 2020 and more than quadrupled during the holiday season, from the prior-year period.\nHowever, these capital raises don't overlook the fact that theprevious management team failed the company. For two decades, a brick-and-mortar gaming model worked well. However, sticking to this brick-and-mortar model when gaming was going digital left the company in a precarious position. Today, GameStop continues to lose money, even with rapid e-commerce growth, and saw its same-store sales decline by almost 10% last year. Digital sales may be growing, but total revenue is going nowhere as GameStop shutters its physical locations to lower costs.\nGameStop is in no way a bankruptcy candidate, and I can actually see a path to profitability years down the road. But with that being said, the gains it's seen make no sense given the long transformation and operating losses that lie ahead.\nInovio Pharmaceuticals\nBiotech stocks can offer ample opportunity, or inInovio Pharmaceuticals'(NASDAQ:INO)case, suck the lifeblood out of long-term investors.\nInovio would appear to be an intriguing company based solely on paper. It has a pipeline that currently includes over a dozen clinical candidates to treat cancer, infectious diseases, and human papilloma virus. The most-promising looks to be INO-4800, the company's coronavirus disease 2019 (COVID-19) vaccine candidate that's readying for phase 3 studies. But if you do any digging into Inovio's clinical performance, you'll be sorely disappointed.\nFor example, INO-4800had been placed on partial clinical holdin the U.S. while regulators requested additional data on Inovio's vaccine and its delivery system, Cellectra. More recently, INO-4800 had its late-stage funding pulled by the U.S. government, which is why it's now seeking an international study for its COVID-19 candidate.\nIf you think I'm unfairly picking on Inovio for its COVID-19 struggles, pan out even further. In four decades, Inoviohasn't managed to get a drug approved by the FDA. This isn't me wishing bad things on Inovio -- this is the reality that hope and results haven't aligned with this company for a long time. Until Inovio proves itself in a late-stage clinical trial, it's worth avoiding.\nAMC Entertainment\nFinally, I can't forgetongoing pump-and-dump schemeAMC Entertainment(NYSE:AMC). While retail investors were able to claim victory by effecting a short squeeze in January after AMC saved itself by issuing a bunch of shares and high-interest debt, the most recent run-up has nothing to do with a short squeeze. Rather, it's based predominantly on hype, the purposeful obfuscation of concrete fundamental data on message boards, and broad-based, blatant misinformation.\nAMC's retail investors would like you to believe that fundamentals don't matter -- but try driving a car without an engine and see how far you get. AMC is dealing with a 19-year decline in industry ticket sales and is seeing some of its film exclusivity evaporate as movie studios lean on streaming. There will be a place for movie theaters, but AMC'saddressable market keeps shrinkingwith each passing year.\nAMC's retail investors would also have you believe the company is in great shape after raising $2 billion in capital. While it has put bankruptcy rumors in the near-term on the backburner, the 2027 bond price is nowhere near par. Why, you ask? Because bondholders aren't convinced that AMC is going to escape bankruptcy.\nI've seen enough pump-and-dump campaigns in my life to recognize them, andAMC checks all the boxes. My suggestion isn't to short AMC. My suggestion is to avoid it completely. All pump-and-dump schemes eventually collapse, and AMC will be no exception.","news_type":1,"symbols_score_info":{"SAVA":0.9,"COIN":0.9,"AMC":0.9,"INO":0.9,"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":1095,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158523173,"gmtCreate":1625157349892,"gmtModify":1633943026938,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"HUGE dip is near, current valuation way too overprice. Tesla can deliver x10 cars more than NIO per month. Big correction incoming.&nbsp;","listText":"HUGE dip is near, current valuation way too overprice. Tesla can deliver x10 cars more than NIO per month. Big correction incoming.&nbsp;","text":"HUGE dip is near, current valuation way too overprice. Tesla can deliver x10 cars more than NIO per month. Big correction incoming.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/158523173","repostId":"1114101721","repostType":2,"repost":{"id":"1114101721","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625126532,"share":"https://www.laohu8.com/m/news/1114101721?lang=zh_CN&edition=full","pubTime":"2021-07-01 16:02","market":"us","language":"en","title":"NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% YOY<blockquote>蔚来2021年6月交付8083辆，同比增长116.1%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1114101721","media":"Tiger Newspress","summary":"NIO delivered 21,896 vehicles in the three months ended June 2021, increasing by 111.9% year-over-year. Cumulative deliveries of the ES8, ES6 and EC6 as of June 30, 2021 reached 117,597. NIO Inc., a pioneer and a leading manufacturer of premium smart electric vehicles in China, today announced its June and second quarter 2021 delivery results.NIO delivered 8,083 vehicles in June 2021, a new monthly record representing a robust 116.1% year-over-year growth. The deliveries consisted of 1,498 ES8s,","content":"<p><ul>  <li><b><i>NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% year-over-year</i></b></li>  <li><b><i>NIO delivered 21,896 vehicles in the three months ended June 2021, increasing by 111.9% year-over-year</i></b></li>  <li><b><i>Cumulative deliveries of the ES8, ES6 and EC6 as of June 30, 2021 reached 117,597</i></b></li> </ul> NIO Inc., a pioneer and a leading manufacturer of premium smart electric vehicles in China, today announced its June and second quarter 2021 delivery results.</p><p><blockquote><ul><li><b><i>蔚来2021年6月交付8083辆，同比增长116.1%</i></b></li><li><b><i>蔚来在截至2021年6月的三个月内交付了21,896辆汽车，同比增长111.9%</i></b></li><li><b><i>ES8、ES6和EC6截至2021年6月30日的累计交付量达到117,597辆</i></b></li></ul>国内高端智能电动汽车的先行者和领先制造商蔚来今日公布了2021年6月及第二季度交付业绩。</blockquote></p><p> NIO delivered 8,083 vehicles in June 2021, a new monthly record representing a robust 116.1% year-over-year growth. The deliveries consisted of 1,498 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,755 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,830 EC6s, the Company’s five-seater premium smart electric coupe SUV. NIO delivered 21,896 vehicles in the three months ended June 2021, a new quarterly record representing a strong increase of 111.9% year-over-year. As of June 30, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 117,597 vehicles.</p><p><blockquote>蔚来在2021年6月交付了8,083辆汽车，创下新的月度纪录，同比强劲增长116.1%。交付量包括1,498辆ES8（该公司的六座或七座旗舰高级智能电动SUV）、3,755辆ES6（该公司的五座高性能高级智能电动SUV）和2,830辆EC6（该公司的五座高级智能电动轿跑SUV）。截至2021年6月的三个月内，蔚来交付了21,896辆汽车，创下新的季度纪录，同比强劲增长111.9%。截至2021年6月30日，ES8、ES6和EC6累计交付量达到117,597辆。</blockquote></p><p> NIO&nbsp;stock&nbsp;rose&nbsp;0.7%&nbsp;in premarket trading.</p><p><blockquote>蔚来股价在盘前交易中上涨0。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/649d5139ca369d18c052a809e36398a5\" tg-width=\"1302\" tg-height=\"663\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% YOY<blockquote>蔚来2021年6月交付8083辆，同比增长116.1%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO delivered 8,083 vehicles in June 2021, increasing by 116.1% YOY<blockquote>蔚来2021年6月交付8083辆，同比增长116.1%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-07-01 16:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><ul>  <li><b><i>NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% year-over-year</i></b></li>  <li><b><i>NIO delivered 21,896 vehicles in the three months ended June 2021, increasing by 111.9% year-over-year</i></b></li>  <li><b><i>Cumulative deliveries of the ES8, ES6 and EC6 as of June 30, 2021 reached 117,597</i></b></li> </ul> NIO Inc., a pioneer and a leading manufacturer of premium smart electric vehicles in China, today announced its June and second quarter 2021 delivery results.</p><p><blockquote><ul><li><b><i>蔚来2021年6月交付8083辆，同比增长116.1%</i></b></li><li><b><i>蔚来在截至2021年6月的三个月内交付了21,896辆汽车，同比增长111.9%</i></b></li><li><b><i>ES8、ES6和EC6截至2021年6月30日的累计交付量达到117,597辆</i></b></li></ul>国内高端智能电动汽车的先行者和领先制造商蔚来今日公布了2021年6月及第二季度交付业绩。</blockquote></p><p> NIO delivered 8,083 vehicles in June 2021, a new monthly record representing a robust 116.1% year-over-year growth. The deliveries consisted of 1,498 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,755 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,830 EC6s, the Company’s five-seater premium smart electric coupe SUV. NIO delivered 21,896 vehicles in the three months ended June 2021, a new quarterly record representing a strong increase of 111.9% year-over-year. As of June 30, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 117,597 vehicles.</p><p><blockquote>蔚来在2021年6月交付了8,083辆汽车，创下新的月度纪录，同比强劲增长116.1%。交付量包括1,498辆ES8（该公司的六座或七座旗舰高级智能电动SUV）、3,755辆ES6（该公司的五座高性能高级智能电动SUV）和2,830辆EC6（该公司的五座高级智能电动轿跑SUV）。截至2021年6月的三个月内，蔚来交付了21,896辆汽车，创下新的季度纪录，同比强劲增长111.9%。截至2021年6月30日，ES8、ES6和EC6累计交付量达到117,597辆。</blockquote></p><p> NIO&nbsp;stock&nbsp;rose&nbsp;0.7%&nbsp;in premarket trading.</p><p><blockquote>蔚来股价在盘前交易中上涨0。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/649d5139ca369d18c052a809e36398a5\" tg-width=\"1302\" tg-height=\"663\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114101721","content_text":"NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% year-over-year\nNIO delivered 21,896 vehicles in the three months ended June 2021, increasing by 111.9% year-over-year\nCumulative deliveries of the ES8, ES6 and EC6 as of June 30, 2021 reached 117,597\n\nNIO Inc., a pioneer and a leading manufacturer of premium smart electric vehicles in China, today announced its June and second quarter 2021 delivery results.\nNIO delivered 8,083 vehicles in June 2021, a new monthly record representing a robust 116.1% year-over-year growth. The deliveries consisted of 1,498 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,755 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,830 EC6s, the Company’s five-seater premium smart electric coupe SUV. NIO delivered 21,896 vehicles in the three months ended June 2021, a new quarterly record representing a strong increase of 111.9% year-over-year. As of June 30, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 117,597 vehicles.\nNIO stock rose 0.7% in premarket trading.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175553318,"gmtCreate":1627043459234,"gmtModify":1631884664914,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"I have warned everyone many times that this is coming. It will only get worse from here, China new laws is coming. Sell first&nbsp;before u get into deep shit.&nbsp;","listText":"I have warned everyone many times that this is coming. It will only get worse from here, China new laws is coming. Sell first&nbsp;before u get into deep shit.&nbsp;","text":"I have warned everyone many times that this is coming. It will only get worse from here, China new laws is coming. Sell first before u get into deep shit.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/175553318","repostId":"2153092983","repostType":2,"isVote":1,"tweetType":1,"viewCount":2023,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893962997,"gmtCreate":1628230460119,"gmtModify":1633752385941,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893962997","repostId":"1192335227","repostType":4,"isVote":1,"tweetType":1,"viewCount":2090,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175664443,"gmtCreate":1627029357482,"gmtModify":1633768638368,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Many people don’t understand the challenge in&nbsp;the&nbsp;EV industry. They think&nbsp;that anyone can just come in and provide competition which is a joke. U will c many known companies go bust n dust but Tesla will surely be up there.&nbsp;","listText":"Many people don’t understand the challenge in&nbsp;the&nbsp;EV industry. They think&nbsp;that anyone can just come in and provide competition which is a joke. U will c many known companies go bust n dust but Tesla will surely be up there.&nbsp;","text":"Many people don’t understand the challenge in the EV industry. They think that anyone can just come in and provide competition which is a joke. U will c many known companies go bust n dust but Tesla will surely be up there.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/175664443","repostId":"2153793716","repostType":2,"isVote":1,"tweetType":1,"viewCount":3827,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141791346,"gmtCreate":1625889928385,"gmtModify":1633936327900,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Tesla for sure within the next few years cos EV market will explode.&nbsp;","listText":"Tesla for sure within the next few years cos EV market will explode.&nbsp;","text":"Tesla for sure within the next few years cos EV market will explode.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/141791346","repostId":"1177397700","repostType":4,"isVote":1,"tweetType":1,"viewCount":2244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117508573,"gmtCreate":1623147828292,"gmtModify":1634036454251,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Apple have an EV team made up of about&nbsp;5000 people, they have been working on Apple&nbsp;EV for some time. Now it seems the time is almost ripe, get innow before too late. Apple EV will rule the luxury EV market. Tesla will&nbsp;rule the mainstream EV.&nbsp;","listText":"Apple have an EV team made up of about&nbsp;5000 people, they have been working on Apple&nbsp;EV for some time. Now it seems the time is almost ripe, get innow before too late. Apple EV will rule the luxury EV market. Tesla will&nbsp;rule the mainstream EV.&nbsp;","text":"Apple have an EV team made up of about 5000 people, they have been working on Apple EV for some time. Now it seems the time is almost ripe, get innow before too late. Apple EV will rule the luxury EV market. Tesla will rule the mainstream EV.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/117508573","repostId":"1148066206","repostType":2,"isVote":1,"tweetType":1,"viewCount":530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107118850,"gmtCreate":1620451324670,"gmtModify":1634198628888,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Big dump coming","listText":"Big dump coming","text":"Big dump coming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/107118850","repostId":"1160802774","repostType":4,"repost":{"id":"1160802774","kind":"news","pubTimestamp":1620442206,"share":"https://www.laohu8.com/m/news/1160802774?lang=zh_CN&edition=full","pubTime":"2021-05-08 10:50","market":"other","language":"en","title":"Dogecoin price’s ‘make-or-break’ moment looms with Elon Musk set to host ‘Saturday Night Live’<blockquote>埃隆·马斯克将主持“周六夜现场”，狗狗币价格的“成败”时刻迫在眉睫</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1160802774","media":"Marketwatch","summary":"Nikki Beesetti started investing in crypto back in 2017 and paid off her final semester at Purdue Un","content":"<p>Nikki Beesetti started investing in crypto back in 2017 and paid off her final semester at Purdue University with proceeds from the sale of a single bitcoin that she bought on a whim, which had surged to nearly $20,000.</p><p><blockquote>Nikki Beesetti早在2017年就开始投资加密货币，并用出售她心血来潮购买的一枚比特币的收益支付了她在普渡大学的最后一个学期的费用，该收益已飙升至近2万美元。</blockquote></p><p>Now, the product manager for a startup in New York is dabbling in dogecoin&nbsp;,and sees this weekend as a possible make-or-break moment for the parody coin that has seen a stratospheric, nearly 13,000% rise in 2021.</p><p><blockquote>现在，纽约一家初创公司的产品经理正在涉足狗狗币，并认为本周末可能是这种模仿硬币的成败时刻，这种模仿硬币在2021年上涨了近13,000%。</blockquote></p><p>“This Saturday is going to be a total make-or-break for dogecoin,” Beesetti told MarketWatch in a phone interview.</p><p><blockquote>Beesetti在接受MarketWatch电话采访时表示：“本周六将是狗狗币成败的关键。”</blockquote></p><p>“If he can really get the messaging right, dogecoin can really take off…or it’s going to crash to wherever it’s going to crash to,” she said.</p><p><blockquote>“如果他真的能传达正确的信息，狗狗币就能真正起飞……否则它就会崩溃到任何它要崩溃的地方，”她说。</blockquote></p><p>The 25-year-old investor is one of a number of relatively young traders who are piling into speculative altcoins like dogecoin as the so-called joke asset mints millionaires and draws some concerns about a bubble forming in the nascent crypto complex.</p><p><blockquote>这位25岁的投资者是众多相对年轻的交易员之一，他们涌入狗狗币等投机性山寨币，因为这种所谓的笑话资产造就了百万富翁，并引起了一些人对新兴加密货币综合体中正在形成泡沫的担忧。</blockquote></p><p>Musk will host NBC’s late-night live television comedy sketch show, “Saturday Night Live,” this weekend and his coming appearance has already drawn&nbsp;cheers and jeers.</p><p><blockquote>马斯克将于本周末主持NBC深夜直播电视喜剧小品节目“周六夜现场”，他即将到来的亮相已经引起了欢呼和嘲笑。</blockquote></p><p>Musk has been one of the biggest cheerleaders for dogecoin and crypto broadly. The self-appointed “Technoking” of Tesla&nbsp;has been mostly using his massive social media following to pump up the price of doge,&nbsp;tweeting back on April 1&nbsp;that he would use his SpaceX rockets to put a physical Doge coin on the literal moon, echoing the social media goal of taking the coin’s price “to the moon.”</p><p><blockquote>马斯克一直是狗狗币和加密货币最大的支持者之一。这位自封的特斯拉“技术之王”主要利用其庞大的社交媒体粉丝来抬高doge的价格，他于4月1日在推特上表示，他将使用SpaceX火箭将实体doge硬币放在真正的月球上，呼应了社交媒体将硬币价格“带到月球”的目标。</blockquote></p><p>Beesetti said that she first got involved in dogecoin — she also invests in technology stocks and exchange-traded funds — at the prompting of Musk’s social-media missives from last summer.</p><p><blockquote>比塞蒂表示，她第一次涉足狗狗币是在马斯克去年夏天社交媒体信件的推动下，她还投资科技股和交易所交易基金。</blockquote></p><p>She bought dogecoin when it was trading at 3/10ths of a penny and she kept dollar-cost averaging her position in the digital asset created in 2013 even as it hit around 1 cent last August.</p><p><blockquote>她在狗狗币的交易价格为3/10美分时买入了它，尽管去年8月它达到了1美分左右，但她仍保持了她在2013年创建的数字资产中的美元成本平均头寸。</blockquote></p><p>Musk has become a rallying point for dogecoin holders on sites like Reddit and his coming appearance on “SNL” is a hotly anticipated moment inside and outside crypto markets, which had largely been centered on bitcoin&nbsp;and Ethereum&nbsp;,the two largest cryptos in the world.</p><p><blockquote>马斯克已成为Reddit等网站上狗狗币持有者的聚集点，他即将在“SNL”上亮相是加密货币市场内外备受期待的时刻，该市场主要集中在比特币和以太币这两个世界上最大的加密货币。</blockquote></p><p>Dogecoin has long held the reputation as a joke currency in the digital-asset realm but it is hard to deny that its surging value has gripped Main Street and Wall Street’s attention — at least momentarily.</p><p><blockquote>狗狗币长期以来在数字资产领域一直享有笑话货币的美誉，但很难否认其飙升的价值引起了大街和华尔街的关注——至少暂时如此。</blockquote></p><p>Former “SNL” cast member and comedian David Spade on Thursday tweeted that he wondered if Musk’s appearance on the sketch show would equate to a 90-minute infomercial for doge, adding, perhaps tongue in cheek that he was buying dogecoin.</p><p><blockquote>前《SNL》演员兼喜剧演员大卫·斯派德(David Spade)周四在推特上表示，他想知道马斯克出现在小品节目中是否相当于为doge制作了一部90分钟的电视广告，并补充说，也许是开玩笑地说，他正在购买狗狗币。</blockquote></p><p>Oddsmakers at betting platformSportsBettingDime.com&nbsp;have established a number of prop bets about Musk’s appearance on “Saturday Night Live,” including which if any crypto he mentions first on the show.</p><p><blockquote>博彩平台SportsBettingDime.com的赔率制定了许多关于马斯克出现在《周六夜现场》上的适当赌注，包括他在节目中首先提到的任何加密货币。</blockquote></p><p>Which cryptocurrency does Musk mention first:</p><p><blockquote>马斯克首先提到的是哪种加密货币：</blockquote></p><p>1. Bitcoin: -200</p><p><blockquote>1.比特币：-200</blockquote></p><p>2. Dogecoin: +600</p><p><blockquote>2.狗狗币：+600</blockquote></p><p>3. FIELD: +450</p><p><blockquote>3.字段：+450</blockquote></p><p>4. Does Not Mention Bitcoin: +400</p><p><blockquote>4.没有提到比特币：+400</blockquote></p><p>Beesetti said that she sold about $8,000 worth of dogecoin recently to buy a pair of Gucci shoes, an iPhone and upped her position in Ether thar runs on the Ethereum protocol but has otherwise been a steady holder of doge.</p><p><blockquote>Beesetti表示，她最近出售了价值约8,000美元的狗狗币，购买了一双Gucci鞋、一部iPhone，并根据以太币协议提高了她在以太thar的头寸，但在其他方面一直是doge的稳定持有者。</blockquote></p><p>The investor wouldn’t offer specific figures but said that her holdings currently range from 50,000 to 100,000 dogecoin.</p><p><blockquote>该投资者不愿提供具体数字，但表示她目前持有的狗狗币在50,000至100,000枚之间。</blockquote></p><p>Perhaps unlike some investors in doge, she is under no illusion that it has utility but submits to the possibility that momentum could build in a parody asset to such an extent that it forges its own legitimacy.</p><p><blockquote>也许与doge的一些投资者不同，她并不对它具有实用性抱有幻想，而是接受了这样一种可能性：势头可能会在模仿资产中积累到一定程度，从而锻造自己的合法性。</blockquote></p><p>“Doge doesn’t have intrinsic value,” Beesetti said. “The value becomes real if you and a collective group of people believe in it. And in this case, there are more groups and people than before who believe.”</p><p><blockquote>“Doge没有内在价值，”比塞蒂说。“如果你和一群人相信它，价值就会变得真实。在这种情况下，相信它的群体和人比以前更多。”</blockquote></p><p>That said, reality could hit meme coin holders hard come Sunday morning, at least one analyst said.</p><p><blockquote>尽管如此，至少一位分析师表示，现实可能会在周日早上对模因币持有者造成沉重打击。</blockquote></p><p>“Post-SNL, some crypto traders could abandon short-term&nbsp;Dogecoin&nbsp;bets once it becomes clear that it is not skyrocketing to the moon or at the heavily eyed $1 level,” wrote Edward Moya, senior market analyst at Oanda, in a research note.</p><p><blockquote>Oanda高级市场分析师爱德华·莫亚(Edward Moya)在一份研究报告中写道：“SNL之后，一旦狗狗币明显不会飙升至月球或达到备受关注的1美元水平，一些加密货币交易员可能会放弃短期狗狗币押注。”笔记。</blockquote></p><p>The analyst also notes that strong conviction of dogecoin investors,known as hodlers in the crypto world, could defy logic and keep prices buoyant.</p><p><blockquote>这位分析师还指出，狗狗币投资者（在加密货币界被称为霍德勒）的坚定信念可能会违背逻辑并保持价格上涨。</blockquote></p><p>“The retail-army of traders that have been committed to Doge might remain stubbornly hodlers, so we shouldn’t be surprised if a sell the event reaction does not happen,” the Oanda strategist said.</p><p><blockquote>这位Oanda策略师表示：“一直致力于Doge的散户交易员可能仍然是顽固的霍德勒，因此如果没有发生卖出事件反应，我们不应该感到惊讶。”</blockquote></p><p>How it all plays out for dogecoin is anyone’s guess.</p><p><blockquote>狗狗币的结局如何，谁也说不准。</blockquote></p><p>“It’s just a meme currency but sometimes the most entertaining outcome becomes the reality,” Beesetti said.</p><p><blockquote>“这只是一种模因货币，但有时最有趣的结果会成为现实，”比塞蒂说。</blockquote></p><p>That meme currency has enjoyed a spectacular ride compared against most other assets. Gold futures&nbsp;are down 3% so far this year, the Dow Jones Industrial Average&nbsp;and the S&amp;P 500 index&nbsp;are up by nearly 13% in 2021, while the Nasdaq Composite Index&nbsp;has gained about over 6% so far this year.</p><p><blockquote>与大多数其他资产相比，这种模因货币经历了惊人的上涨。今年迄今为止，黄金期货下跌了3%，道琼斯工业平均指数和标普500指数在2021年上涨了近13%，而纳斯达克综合指数今年迄今为止的涨幅约超过6%。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dogecoin price’s ‘make-or-break’ moment looms with Elon Musk set to host ‘Saturday Night Live’<blockquote>埃隆·马斯克将主持“周六夜现场”，狗狗币价格的“成败”时刻迫在眉睫</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDogecoin price’s ‘make-or-break’ moment looms with Elon Musk set to host ‘Saturday Night Live’<blockquote>埃隆·马斯克将主持“周六夜现场”，狗狗币价格的“成败”时刻迫在眉睫</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Marketwatch</strong><span class=\"h-time small\">2021-05-08 10:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Nikki Beesetti started investing in crypto back in 2017 and paid off her final semester at Purdue University with proceeds from the sale of a single bitcoin that she bought on a whim, which had surged to nearly $20,000.</p><p><blockquote>Nikki Beesetti早在2017年就开始投资加密货币，并用出售她心血来潮购买的一枚比特币的收益支付了她在普渡大学的最后一个学期的费用，该收益已飙升至近2万美元。</blockquote></p><p>Now, the product manager for a startup in New York is dabbling in dogecoin&nbsp;,and sees this weekend as a possible make-or-break moment for the parody coin that has seen a stratospheric, nearly 13,000% rise in 2021.</p><p><blockquote>现在，纽约一家初创公司的产品经理正在涉足狗狗币，并认为本周末可能是这种模仿硬币的成败时刻，这种模仿硬币在2021年上涨了近13,000%。</blockquote></p><p>“This Saturday is going to be a total make-or-break for dogecoin,” Beesetti told MarketWatch in a phone interview.</p><p><blockquote>Beesetti在接受MarketWatch电话采访时表示：“本周六将是狗狗币成败的关键。”</blockquote></p><p>“If he can really get the messaging right, dogecoin can really take off…or it’s going to crash to wherever it’s going to crash to,” she said.</p><p><blockquote>“如果他真的能传达正确的信息，狗狗币就能真正起飞……否则它就会崩溃到任何它要崩溃的地方，”她说。</blockquote></p><p>The 25-year-old investor is one of a number of relatively young traders who are piling into speculative altcoins like dogecoin as the so-called joke asset mints millionaires and draws some concerns about a bubble forming in the nascent crypto complex.</p><p><blockquote>这位25岁的投资者是众多相对年轻的交易员之一，他们涌入狗狗币等投机性山寨币，因为这种所谓的笑话资产造就了百万富翁，并引起了一些人对新兴加密货币综合体中正在形成泡沫的担忧。</blockquote></p><p>Musk will host NBC’s late-night live television comedy sketch show, “Saturday Night Live,” this weekend and his coming appearance has already drawn&nbsp;cheers and jeers.</p><p><blockquote>马斯克将于本周末主持NBC深夜直播电视喜剧小品节目“周六夜现场”，他即将到来的亮相已经引起了欢呼和嘲笑。</blockquote></p><p>Musk has been one of the biggest cheerleaders for dogecoin and crypto broadly. The self-appointed “Technoking” of Tesla&nbsp;has been mostly using his massive social media following to pump up the price of doge,&nbsp;tweeting back on April 1&nbsp;that he would use his SpaceX rockets to put a physical Doge coin on the literal moon, echoing the social media goal of taking the coin’s price “to the moon.”</p><p><blockquote>马斯克一直是狗狗币和加密货币最大的支持者之一。这位自封的特斯拉“技术之王”主要利用其庞大的社交媒体粉丝来抬高doge的价格，他于4月1日在推特上表示，他将使用SpaceX火箭将实体doge硬币放在真正的月球上，呼应了社交媒体将硬币价格“带到月球”的目标。</blockquote></p><p>Beesetti said that she first got involved in dogecoin — she also invests in technology stocks and exchange-traded funds — at the prompting of Musk’s social-media missives from last summer.</p><p><blockquote>比塞蒂表示，她第一次涉足狗狗币是在马斯克去年夏天社交媒体信件的推动下，她还投资科技股和交易所交易基金。</blockquote></p><p>She bought dogecoin when it was trading at 3/10ths of a penny and she kept dollar-cost averaging her position in the digital asset created in 2013 even as it hit around 1 cent last August.</p><p><blockquote>她在狗狗币的交易价格为3/10美分时买入了它，尽管去年8月它达到了1美分左右，但她仍保持了她在2013年创建的数字资产中的美元成本平均头寸。</blockquote></p><p>Musk has become a rallying point for dogecoin holders on sites like Reddit and his coming appearance on “SNL” is a hotly anticipated moment inside and outside crypto markets, which had largely been centered on bitcoin&nbsp;and Ethereum&nbsp;,the two largest cryptos in the world.</p><p><blockquote>马斯克已成为Reddit等网站上狗狗币持有者的聚集点，他即将在“SNL”上亮相是加密货币市场内外备受期待的时刻，该市场主要集中在比特币和以太币这两个世界上最大的加密货币。</blockquote></p><p>Dogecoin has long held the reputation as a joke currency in the digital-asset realm but it is hard to deny that its surging value has gripped Main Street and Wall Street’s attention — at least momentarily.</p><p><blockquote>狗狗币长期以来在数字资产领域一直享有笑话货币的美誉，但很难否认其飙升的价值引起了大街和华尔街的关注——至少暂时如此。</blockquote></p><p>Former “SNL” cast member and comedian David Spade on Thursday tweeted that he wondered if Musk’s appearance on the sketch show would equate to a 90-minute infomercial for doge, adding, perhaps tongue in cheek that he was buying dogecoin.</p><p><blockquote>前《SNL》演员兼喜剧演员大卫·斯派德(David Spade)周四在推特上表示，他想知道马斯克出现在小品节目中是否相当于为doge制作了一部90分钟的电视广告，并补充说，也许是开玩笑地说，他正在购买狗狗币。</blockquote></p><p>Oddsmakers at betting platformSportsBettingDime.com&nbsp;have established a number of prop bets about Musk’s appearance on “Saturday Night Live,” including which if any crypto he mentions first on the show.</p><p><blockquote>博彩平台SportsBettingDime.com的赔率制定了许多关于马斯克出现在《周六夜现场》上的适当赌注，包括他在节目中首先提到的任何加密货币。</blockquote></p><p>Which cryptocurrency does Musk mention first:</p><p><blockquote>马斯克首先提到的是哪种加密货币：</blockquote></p><p>1. Bitcoin: -200</p><p><blockquote>1.比特币：-200</blockquote></p><p>2. Dogecoin: +600</p><p><blockquote>2.狗狗币：+600</blockquote></p><p>3. FIELD: +450</p><p><blockquote>3.字段：+450</blockquote></p><p>4. Does Not Mention Bitcoin: +400</p><p><blockquote>4.没有提到比特币：+400</blockquote></p><p>Beesetti said that she sold about $8,000 worth of dogecoin recently to buy a pair of Gucci shoes, an iPhone and upped her position in Ether thar runs on the Ethereum protocol but has otherwise been a steady holder of doge.</p><p><blockquote>Beesetti表示，她最近出售了价值约8,000美元的狗狗币，购买了一双Gucci鞋、一部iPhone，并根据以太币协议提高了她在以太thar的头寸，但在其他方面一直是doge的稳定持有者。</blockquote></p><p>The investor wouldn’t offer specific figures but said that her holdings currently range from 50,000 to 100,000 dogecoin.</p><p><blockquote>该投资者不愿提供具体数字，但表示她目前持有的狗狗币在50,000至100,000枚之间。</blockquote></p><p>Perhaps unlike some investors in doge, she is under no illusion that it has utility but submits to the possibility that momentum could build in a parody asset to such an extent that it forges its own legitimacy.</p><p><blockquote>也许与doge的一些投资者不同，她并不对它具有实用性抱有幻想，而是接受了这样一种可能性：势头可能会在模仿资产中积累到一定程度，从而锻造自己的合法性。</blockquote></p><p>“Doge doesn’t have intrinsic value,” Beesetti said. “The value becomes real if you and a collective group of people believe in it. And in this case, there are more groups and people than before who believe.”</p><p><blockquote>“Doge没有内在价值，”比塞蒂说。“如果你和一群人相信它，价值就会变得真实。在这种情况下，相信它的群体和人比以前更多。”</blockquote></p><p>That said, reality could hit meme coin holders hard come Sunday morning, at least one analyst said.</p><p><blockquote>尽管如此，至少一位分析师表示，现实可能会在周日早上对模因币持有者造成沉重打击。</blockquote></p><p>“Post-SNL, some crypto traders could abandon short-term&nbsp;Dogecoin&nbsp;bets once it becomes clear that it is not skyrocketing to the moon or at the heavily eyed $1 level,” wrote Edward Moya, senior market analyst at Oanda, in a research note.</p><p><blockquote>Oanda高级市场分析师爱德华·莫亚(Edward Moya)在一份研究报告中写道：“SNL之后，一旦狗狗币明显不会飙升至月球或达到备受关注的1美元水平，一些加密货币交易员可能会放弃短期狗狗币押注。”笔记。</blockquote></p><p>The analyst also notes that strong conviction of dogecoin investors,known as hodlers in the crypto world, could defy logic and keep prices buoyant.</p><p><blockquote>这位分析师还指出，狗狗币投资者（在加密货币界被称为霍德勒）的坚定信念可能会违背逻辑并保持价格上涨。</blockquote></p><p>“The retail-army of traders that have been committed to Doge might remain stubbornly hodlers, so we shouldn’t be surprised if a sell the event reaction does not happen,” the Oanda strategist said.</p><p><blockquote>这位Oanda策略师表示：“一直致力于Doge的散户交易员可能仍然是顽固的霍德勒，因此如果没有发生卖出事件反应，我们不应该感到惊讶。”</blockquote></p><p>How it all plays out for dogecoin is anyone’s guess.</p><p><blockquote>狗狗币的结局如何，谁也说不准。</blockquote></p><p>“It’s just a meme currency but sometimes the most entertaining outcome becomes the reality,” Beesetti said.</p><p><blockquote>“这只是一种模因货币，但有时最有趣的结果会成为现实，”比塞蒂说。</blockquote></p><p>That meme currency has enjoyed a spectacular ride compared against most other assets. Gold futures&nbsp;are down 3% so far this year, the Dow Jones Industrial Average&nbsp;and the S&amp;P 500 index&nbsp;are up by nearly 13% in 2021, while the Nasdaq Composite Index&nbsp;has gained about over 6% so far this year.</p><p><blockquote>与大多数其他资产相比，这种模因货币经历了惊人的上涨。今年迄今为止，黄金期货下跌了3%，道琼斯工业平均指数和标普500指数在2021年上涨了近13%，而纳斯达克综合指数今年迄今为止的涨幅约超过6%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/a-total-make-or-break-for-dogecoin-says-one-crypto-investor-as-elon-musk-prepares-to-host-saturday-night-live-11620413674?mod=associated-press\">Marketwatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/a-total-make-or-break-for-dogecoin-says-one-crypto-investor-as-elon-musk-prepares-to-host-saturday-night-live-11620413674?mod=associated-press","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160802774","content_text":"Nikki Beesetti started investing in crypto back in 2017 and paid off her final semester at Purdue University with proceeds from the sale of a single bitcoin that she bought on a whim, which had surged to nearly $20,000.Now, the product manager for a startup in New York is dabbling in dogecoin ,and sees this weekend as a possible make-or-break moment for the parody coin that has seen a stratospheric, nearly 13,000% rise in 2021.“This Saturday is going to be a total make-or-break for dogecoin,” Beesetti told MarketWatch in a phone interview.“If he can really get the messaging right, dogecoin can really take off…or it’s going to crash to wherever it’s going to crash to,” she said.The 25-year-old investor is one of a number of relatively young traders who are piling into speculative altcoins like dogecoin as the so-called joke asset mints millionaires and draws some concerns about a bubble forming in the nascent crypto complex.Musk will host NBC’s late-night live television comedy sketch show, “Saturday Night Live,” this weekend and his coming appearance has already drawn cheers and jeers.Musk has been one of the biggest cheerleaders for dogecoin and crypto broadly. The self-appointed “Technoking” of Tesla has been mostly using his massive social media following to pump up the price of doge, tweeting back on April 1 that he would use his SpaceX rockets to put a physical Doge coin on the literal moon, echoing the social media goal of taking the coin’s price “to the moon.”Beesetti said that she first got involved in dogecoin — she also invests in technology stocks and exchange-traded funds — at the prompting of Musk’s social-media missives from last summer.She bought dogecoin when it was trading at 3/10ths of a penny and she kept dollar-cost averaging her position in the digital asset created in 2013 even as it hit around 1 cent last August.Musk has become a rallying point for dogecoin holders on sites like Reddit and his coming appearance on “SNL” is a hotly anticipated moment inside and outside crypto markets, which had largely been centered on bitcoin and Ethereum ,the two largest cryptos in the world.Dogecoin has long held the reputation as a joke currency in the digital-asset realm but it is hard to deny that its surging value has gripped Main Street and Wall Street’s attention — at least momentarily.Former “SNL” cast member and comedian David Spade on Thursday tweeted that he wondered if Musk’s appearance on the sketch show would equate to a 90-minute infomercial for doge, adding, perhaps tongue in cheek that he was buying dogecoin.Oddsmakers at betting platformSportsBettingDime.com have established a number of prop bets about Musk’s appearance on “Saturday Night Live,” including which if any crypto he mentions first on the show.Which cryptocurrency does Musk mention first:1. Bitcoin: -2002. Dogecoin: +6003. FIELD: +4504. Does Not Mention Bitcoin: +400Beesetti said that she sold about $8,000 worth of dogecoin recently to buy a pair of Gucci shoes, an iPhone and upped her position in Ether thar runs on the Ethereum protocol but has otherwise been a steady holder of doge.The investor wouldn’t offer specific figures but said that her holdings currently range from 50,000 to 100,000 dogecoin.Perhaps unlike some investors in doge, she is under no illusion that it has utility but submits to the possibility that momentum could build in a parody asset to such an extent that it forges its own legitimacy.“Doge doesn’t have intrinsic value,” Beesetti said. “The value becomes real if you and a collective group of people believe in it. And in this case, there are more groups and people than before who believe.”That said, reality could hit meme coin holders hard come Sunday morning, at least one analyst said.“Post-SNL, some crypto traders could abandon short-term Dogecoin bets once it becomes clear that it is not skyrocketing to the moon or at the heavily eyed $1 level,” wrote Edward Moya, senior market analyst at Oanda, in a research note.The analyst also notes that strong conviction of dogecoin investors,known as hodlers in the crypto world, could defy logic and keep prices buoyant.“The retail-army of traders that have been committed to Doge might remain stubbornly hodlers, so we shouldn’t be surprised if a sell the event reaction does not happen,” the Oanda strategist said.How it all plays out for dogecoin is anyone’s guess.“It’s just a meme currency but sometimes the most entertaining outcome becomes the reality,” Beesetti said.That meme currency has enjoyed a spectacular ride compared against most other assets. Gold futures are down 3% so far this year, the Dow Jones Industrial Average and the S&P 500 index are up by nearly 13% in 2021, while the Nasdaq Composite Index has gained about over 6% so far this year.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1031,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146730610,"gmtCreate":1626098783430,"gmtModify":1633930140492,"author":{"id":"3579782126622830","authorId":"3579782126622830","name":"Sephy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579782126622830","idStr":"3579782126622830"},"themes":[],"htmlText":"Paraguay announcing Bitcoin adoption on 14th, it’s going be massive","listText":"Paraguay announcing Bitcoin adoption on 14th, it’s going be massive","text":"Paraguay announcing Bitcoin adoption on 14th, it’s going be massive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/146730610","repostId":"1163404938","repostType":2,"isVote":1,"tweetType":1,"viewCount":2446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}